90 Million XRP Just Vanished from Exchanges – A Massive Supply Shock
The XRP price is moving through a very tight trading range right now, but underneath the surface, a lot is happening. Around 90 million XRP has reportedly been pulled off public exchanges, and that’s starting to get traders paying attention again.
90 Million XRP Just Vanished from Exchanges – A Massive Supply Shock. The XRP price is moving through a very tight trading range right now, but underneath the surface, a lot is happening. Around 90 million XRP has reportedly been pulled off public exchanges, and that’s starting to get traders paying attention again. Data shared by Cheeky Crypto shows a large amount of XRP moving away from exchange wallets and into cold storage or private custody solutions. At the same time, whale activity dropped sharply. Transactions above $1 million reportedly fell from around 157 to 67 within nine days, a decline of roughly 57%. That combination has created what many traders are calling a supply compression phase. The XRP price itself has not exploded higher yet, but exchange liquidity is starting to thin out, and that can change how the market reacts...