RIPPLE XRP Supply Shock! Major XRP News Leaked…

Binance and Major Exchanges See $12.4B XRP Outflow — Is a Supply Squeeze Next? - Crypto News Flash

According to data from CryptoQuant, Binance and Upbit have seen $12.4 billion worth of XRP flow out of their reserves in just the past week. This sudden shift comes at a time when interest in XRP is intensifying, particularly around potential spot Exchange-Traded Funds. Over the past week, cryptocurrency exchanges have seen a massive $12.4 billion worth of XRP withdrawn from their reserves. That’s a total of 5.736 billion XRP tokens gone since J…

Over $12B In XRP Leaves Exchanges, Are We In For A Price Squeeze?

Analytics platform CryptoQuant has observed over five billion XRP withdrawals from exchanges, amounting to more than $12 billion, since last week. The event has the potential to trigger a supply shock, which could squeeze XRP’s price in the near future. CryptoQuant recently reported a massive wave of XRP withdrawals from several cryptocurrency exchanges. The analytics platform reported that the trend began over the past week, and the tokens that…

XRP Supply Shock Looms With Recent Action On Binance

A sharp decline in XRP exchange reserves on Binance has triggered speculation of an impending supply shock, sending ripples through the cryptocurrency community. Flagged by crypto analyst Xaif, the massive drop in the amount of XRP held on the exchange suggests strategic accumulation by large holders, potentially setting the stage for a major shift in market dynamics. Xaif Spotlights Major Outflow From Binance Crypto researcher Xaif took to X to…

Fact Check: Is Elon Musk Buying XRP (Ripple)?

The post Fact Check: Is Elon Musk Buying XRP (Ripple)? appeared first on Coinpedia Fintech News Is Elon Musk planning an investment in Ripple’s XRP? A recent viral post has claimed that the billionaire is set to invest $104 billion into the cryptocurrency. The post even shared a headline that read:...

$12.4B XRP Reserve Crash Sparks Supply Shock Fears Across Top Exchanges

XRP exchange reserves have plummeted by over $12.4 billion across major platforms like Binance, Upbit, and Bybit in just one week, according to fresh data from CryptoQuant. This dramatic decline in reserves has stirred discussions of a looming XRP supply shock, particularly as the asset consolidates around the $2 mark. CryptoQuant data confirms that several centralized exchanges experienced a sharp reduction in XRP holdings between June 18 and J…

XRP Supply Shock Looming as Top Exchanges like Binance and Others See Massive $12.4B+ Drop in XRP Reserves

Multiple crypto exchanges, including Binance and Upbit, have witnessed a massive $12.4 billion drop in their XRP reserves over the past week. This development, revealed by the market analytics platform CryptoQuant, has triggered speculation of a looming supply shock within the XRP community amid the ongoing price consolidation. For context, XRP has maintained a range around $2 since February, but this latest trend suggests confidence might be re…