Why would thousands of XRP wallets be pulling tokens off exchanges right now? New data from analyst Amr Taha shows withdrawal-heavy activity across major venues. Coinbase recorded a 7-day net wallet count of -14,300, accounting for 47.3% of the total absolute imbalance — its highest share since July 2024. Binance sat at -3,270 and Crypto.com at -2,680. Binance's share jumped from near zero on July 16 to about 10%, while Upbit's fell from 40% in June to around 12%. The shift comes as $XRP trades just below $1, down 66% year-over-year. Analysts are split on what's next: one sees a possible slide to $0.85–$0.65, while another points to a historical breakout pattern targeting $8, $13, and $27 if support holds.
#XRP #Crypto #MarketAnalysis
#XRP #Crypto #MarketAnalysis