Whale withdraws 580M XRP worth $900M as exchange supply tightens
- —Whale withdrew 580M XRP worth about $900M in seven transfers
- —XRP spot net outflows over 24 hours totaled $6.76M
- —Exchange reserves of XRP dropped 2.48%
- —XRP trades near $1.53, resistance at $1.5759, support at $1.50
Why it matters: Shrinking exchange supply reduces immediate sell pressure, but XRP needs to clear $1.5759 and the $1.535–1.56 liquidation zone to extend gains.
Source: AMBCrypto