XRP holds $1.30 as whale wallets shrink and exchange balances climb
- —XRP trades near $1.30 with daily volume around $1.33 billion
- —Wallets holding 10–100 million XRP dropped from 351 to 339
- —Exchange balances rose by about 47 million XRP (~$61 million)
- —US spot XRP ETFs saw zero net flows on October 23 after $3.55 million the prior day
Why it matters: Rising exchange balances and fewer large wallets point to mounting sell pressure; a break below $1.26 could accelerate the decline.
Source: crypto.news