Die XRP-Reserven auf Binance brechen zusammen
https://finbold.com/xrp-reserves-on-binance-are-collapsing-2/
Die XRP-Reserven auf Binance brechen zusammen
https://finbold.com/xrp-reserves-on-binance-are-collapsing-2/
5 Kommentare
Is this supposed to be positive or not? Not sure what to make of it
tldr; XRP reserves on Binance have dropped to their lowest levels since early 2024, now at 2.5 billion XRP compared to 3.2 billion in November 2024. This decline may signal reduced selling pressure and long-term accumulation by institutions. The drop accelerated after Binance introduced RLUSD stablecoin support on the XRP Ledger. XRP’s price fell 6% to $1.47, underperforming the market, with bearish momentum indicators suggesting further downside. Heavy selling on Upbit contributed to a sharp market value loss of over $11 billion in 24 hours.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Until they bring new tokens from their cold wallets. Nothing to see here, move on.
There is no supply of my shit on any exchange. Super bullish.
exchange reserves dropping is one of the few on-chain metrics that actually means something. coins moving to cold storage = people arent planning to sell anytime soon. xrp holders been through enough pain to know you dont sell the bottom