Markets· ★★★· bullish·

XRP Quietly Drains Off Exchanges as Binance Net Outflow Hits 102,912 Tokens

  • —Binance XRP inflows fell 20.37%, outflows dropped 25.96%
  • —Net outflow from Binance reached about 102,912 XRP
  • —Binance reserves at 2.63 billion XRP, up only 0.34% week-over-week
  • —Large-wallet inflows hit 1.6 billion XRP over 30 days, highest since March
Why it matters: Falling exchange reserves during a rally point to holding rather than distribution; key levels are $1.55 to the upside and $1.4860 to the downside.
#XRP
Source: Cryptonews.net
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