đ $XRP Exchange Supply Update
Supply of $XRP on Binance is shrinking rapidly.
On-chain data shows 700M+ XRP withdrawn from the exchange, pushing reserves to multi-month lows đ
đ What this means:
âą Reduced sell-side liquidity
âą Fewer tokens immediately available on exchanges
âą Potential for stronger price reactions if demand increases
đ Meanwhile, price action is heating up, with $XRP hovering near the $1.50 zone as market dynamics continue to shift.
Sources suggest exchange reserves may keep declining, which could tighten supply and amplify volatility if buying pressure persists.
â ïž Always manage risk and monitor on-chain data closely.
Disclaimer: Not financial advice. DYOR.
XRP
1.4018
+0.22%