XRP Holdings on Major Exchanges Hit Seven-Year Low
Exchange reserves of XRP have plummeted to their lowest level in seven years, with only 1.6 billion tokens currently held across major trading platforms. This marks a significant decline from October's 3.76 billion, representing nearly a 58% drop in exchange inventory over the period. The sharp reduction in exchange balances typically indicates token holders are withdrawing assets, potentially signaling confidence in long-term accumulation rather than immediate selling pressure.
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ContractCollector
· 18h ago
Is the exchange XRP reserve dropping to a seven-year low? It indicates that everyone is accumulating, optimistic about the long term.
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DAOdreamer
· 18h ago
Everyone is stocking up, and the trend of exiting the market is really obvious.
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LiquidationWatcher
· 18h ago
There is so much less XRP in the exchange; it seems that big players are hoarding.
XRP Holdings on Major Exchanges Hit Seven-Year Low
Exchange reserves of XRP have plummeted to their lowest level in seven years, with only 1.6 billion tokens currently held across major trading platforms. This marks a significant decline from October's 3.76 billion, representing nearly a 58% drop in exchange inventory over the period. The sharp reduction in exchange balances typically indicates token holders are withdrawing assets, potentially signaling confidence in long-term accumulation rather than immediate selling pressure.