- XRP volumes rebounded strongly over Q4, with daily trading reaching $600 million.
- Ripple’s report noted that other digital assets surged in Q4, with BTC volumes up 88% QoQ and ETH up 140% QoQ.
- By December 31, 2023, Ripple held 5,077,658,695 in its wallets and 40,700,000,005 XRP, subject to on-ledger escrow.
According to the recently released Q4 2023 XRP Markets Report, XRP volumes rebounded strongly over the fourth quarter, with daily spot trading reaching $600 million, reflecting a 75-100% increase from the lows of the third quarter. The growth was not peculiar to XRP as other digital assets surged simultaneously, with BTC volumes up 88% Quarter on quarter (QOQ) and ETH up 140%.
Ripple provided details of its XRP holdings in the fourth quarter of 2023, categorizing them under what the firm has in its wallets and XRP subject to on-ledger escrow lockups. According to the report, as of September 30, 2023, Ripple held 5,258,162,324 XRP in its wallets, with 41,300,000,005 more tokens subject to on-ledger escrow.
By December 31, 2023, Ripple’s XRP wallet holdings had dropped to 5,077,658,695, while 40,700,000,005 XRP tokens remained subject to on-ledger esc…
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