Coinbase and Crypto Exchanges Accumulating XRP: A Sign of Strategic Positioning?

Recent data reveals that major cryptocurrency exchanges, including Coinbase, are quietly amassing substantial holdings of XRP. This quiet accumulation was highlighted by prominent crypto commentator Brett on X, where he stated that these platforms now collectively hold over one billion XRP tokens, representing more than 3.4% of the token’s circulating supply. This development has raised intriguing questions about what might be next for XRP, particularly as institutional investors express renewed interest and regulatory scrutiny continues to shape the asset’s future.