#SouthKoreaCrypto
South Korean Accumulation
Data from early January 2026 shows a massive drain of XRP from dominant South Korean exchanges like totaling 44 million tokens combined. This indicates private accumulation and removal of XRP from immediate circulation.
Similar exchange depletions in November 2024 preceded a 560% XRP price gain in under 60 days, with the price rising from $0.50 to $3.30 as exchange reserves hit a three-year low . The current quiet accumulation phase mirrors the conditions before that explosive surge .
Currently, only 1.6% of the total XRP supply remains on centralized escrow indicating a "diamond hands" mentality. XRP balances on exchanges have dropped to levels not seen since 2018.
.XRP is approaching a mathematical threshold where the circulating float on exchanges is insufficient to absorb incoming demand . With current exchange reserves at 1.6 billion tokens (matching 8-year lows from 2018), and global demand increasing, conservative demand projections suggest XRP price targets reaching between $12.50 and $21 by late 2026. A 7x move from the previous $3.30 peak would place the asset around the $23 range.