Decrease in XRP Supply on Coinbase: Whales Amass XRP, Predicting a $10 Surge
In the dynamic world of cryptocurrencies, XRP, the third-largest digital asset by market capitalisation, is making waves. Brad Garlinghouse, CEO of Ripple, has asserted that XRP is uniquely poised to tackle the global payments problem, referring to it as a 'multi-trillion-dollar opportunity.'
Recent developments have bolstered this optimistic outlook. In August 2025, whales accumulated a staggering $3.8 billion worth of XRP, propelling the XRP price near its all-time high of $3.66. This surge was followed by a breakout from a 57-day descending trendline, indicating a positive shift in the market sentiment.
Volatility remains a factor, but the combination of technical signals, macro tailwinds, and growing institutional interest presents a cautiously bullish scenario. With renewed optimism across the crypto sector following the Federal Reserve's rate cut, XRP price today reflects growing investor confidence.
Traders are eyeing a breakout above $3.66 as the next key milestone. Analysts suggest that this could be facilitated by the reduced liquid supply of XRP, a result of whales and institutional players moving their holdings off exchanges, causing a steep decline in XRP reserves on Coinbase. This decline, more than 90%, has dropped XRP's exchange reserves from 970 million to 199.47 million over the past three months.
The reduced liquid supply could lead to a 'supply shock,' historically resulting in significant price appreciation when demand rises. Analysts warn that a similar setup could be forming again, giving weight to projections of a move toward $10 if bullish sentiment persists.
However, it's important to note that there are no publicly available search results or verified reports from the last three months indicating which institutions or individuals have relinquished over 90% of XRP reserves available on Coinbase, nor where these tokens were subsequently stored.
On the adoption front, Ripple has partnered with DBS Bank and Franklin Templeton to launch tokenized money market funds, backed by its RLUSD stablecoin. This partnership could increase Ripple XRP's utility in institutional finance, boosting real-world adoption.
Moreover, the potential for real estate tokenization could further boost XRP's price. If current momentum holds, the XRP price prediction 2025 of $5-$10 may no longer seem out of reach for long-term investors. Targets for XRP price include $3.35, $3.68, and potentially $4.02.
At the time of writing, XRP was trading at around $3.12, up 3.36% in the last 24 hours. The support for XRP is near $2.90-$3.00. As the crypto market continues to evolve, keeping a close eye on XRP's trajectory is essential for investors and enthusiasts alike.
