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Survey finds only 225M XRP visibly for sale, challenging supply-shock assumptions amid 22B held in wallets.

Market News
20 Oct 2026
Dailycoin
View Source
Neutral
Survey finds only 225M XRP visibly for sale, challenging supply-shock assumptions amid 22B held in wallets.

An analyst surveyed 64 exchanges and 171 trading pairs, finding about 225 million XRP visibly offered for sale up to $5, despite roughly 22 billion XRP held in exchange wallets. The study highlights that many tokens in wallets are not actively for sale, challenging the idea that all held XRP contributes to market liquidity. Sell orders near market price total around 35 million XRP, with buy orders slightly higher, showing limited immediate liquidity. The report also notes that large institutional buyers would likely use over-the-counter deals rather than public order books, keeping the supply-shock debate nuanced and unresolved.

XRP's market cap on Pluang stands at Rp1.512,31 trillion as of Oct 20, 2026 22:32 WIB, with a 24-hour trading volume of Rp26,88 trillion. The platform shows a 40% sell and 60% buy order split, indicating more buying interest among users. XRP trades at Rp23.703 with a modest 1-day gain of 0.65%, reflecting steady activity despite ongoing debates about supply and liquidity.

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