Markets· ★★★· bullish· October 6, 18:12

XRP Starts October With Falling Exchange Reserves and Institutional Buying

—XRP reserves on Binance and Upbit dropped by 104.7 million tokens
—Whale exit dominance on Binance hit 84.2% on September 29
—XRP ETFs logged 12 straight weeks of inflows, latest at $4.74 million
—Evernorth to list on Nasdaq with 473 million XRP under ticker XRPN

Why it matters: Shrinking exchange supply and steady ETF inflows could support XRP, but the price has yet to reflect the bullish signals.

Source: DiarioBitcoin

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