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PRINCIPAL CRYPTO TRADER
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Bullish🚨#Breaking :
🔴 Evernorth Report states 👇
"The supply of #XRP on exchanges has shrunk," as over 7 billion tokens exited the platforms.
The XRP market is quietly undergoing a significant shift, with supply tightening and long-term investors steadily increasing their positions despite months of price weakness.
Recent insights published by Evernorth indicate a stark divergence between price action and investor behavior. While the price of XRP has been in a continuous downtrend since late 2025, blockchain data reveals an acceleration in accumulation among both retail and institutional investors.
Evernorth reported that the supply of XRP is decreasing, with 7 billion tokens leaving exchanges in February, according to CryptoQuant data. Binance topped the list of exchanges with the highest outflows at 3.3 billion XRP, alongside Bybit and OKX, reducing the liquidity available for shorting. Retail wallets hit a record high of 1.1 million wallets, adding 520 million XRP since October 2025, despite a 50% drop in price. Meanwhile, the available balance of XRP on exchanges remains a hotly debated topic.$XRP
🔴 Evernorth Report states 👇
"The supply of #XRP on exchanges has shrunk," as over 7 billion tokens exited the platforms.
The XRP market is quietly undergoing a significant shift, with supply tightening and long-term investors steadily increasing their positions despite months of price weakness.
Recent insights published by Evernorth indicate a stark divergence between price action and investor behavior. While the price of XRP has been in a continuous downtrend since late 2025, blockchain data reveals an acceleration in accumulation among both retail and institutional investors.
Evernorth reported that the supply of XRP is decreasing, with 7 billion tokens leaving exchanges in February, according to CryptoQuant data. Binance topped the list of exchanges with the highest outflows at 3.3 billion XRP, alongside Bybit and OKX, reducing the liquidity available for shorting. Retail wallets hit a record high of 1.1 million wallets, adding 520 million XRP since October 2025, despite a 50% drop in price. Meanwhile, the available balance of XRP on exchanges remains a hotly debated topic.$XRP
