Upbit and Binance See Sharp Decline in XRP Holdings Amid Price Weakness

Upbit's XRP holdings have hit a two-month low of around 6.43 billion tokens, according to recent data.

This decline comes after The Crypto Basic reported on July 25 that Upbit's XRP holdings were at their lowest level since May due to continued XRP withdrawals.

In comparison, Binance's XRP holdings have also decreased by around 7.1% from its peak of 2.8 billion tokens recorded on March 17, now standing at approximately 2.6 billion tokens as of July 24.

Bithumb, however, has shown a different trend with its XRP holdings remaining close to the level it reached in late May, currently holding around 1.83 billion tokens.