XRP Holders Dump Coinbase. Here's Why
2 Articles
2 Articles
$592 Million in XRP Withdrawn From Exchanges as Price Drops: What's Next?
Key Takeaways XRP fell to $1.29, breaking below the 50 SMA at $1.3345 on heavy volume. RSI at 34.99 – approaching oversold, no reversal signal forming yet. $592.3M in XRP withdrawn from Binance and Coinbase. 30-day liquidity index at 0.062 – one of the lowest levels ever recorded on Binance. 30-day turnover at $4.46B versus historical peaks above 200B. XRP is trading at $1.29 at the time of writing on the 1 hour chart, down sharply from the $1.…
XRP Holders Dump Coinbase. Here's Why
Crypto exchange reserves often reflect shifting investor behavior, especially during periods of heightened sentiment, regulatory debate, and market uncertainty. Traders closely monitor these flows because sustained withdrawals can signal changes in custody preferences, liquidity conditions, or platform trust. Recent claims surrounding XRP movements on major exchanges have reignited discussion about supply distribution and investor sentiment. Mar…
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