Analyst: Only 225M XRP Offered Up to $5 Across 64 Exchanges
- —Visible XRP sell orders up to $5 total about 225 million across 64 venues
- —On trusted exchanges the sell-side total up to $5 is closer to 100 million XRP
- —Within 2% of price: 35 million XRP offered against 44 million bid
- —Tracked exchange wallets hold about 22 billion XRP, including 2.6 billion on Binance
Why it matters: The order-book snapshot highlights the gap between exchange custody balances and actual liquidity, but a static picture cannot prove a supply shock is imminent.
Source: DailyCoin