🚨: $XRP Supply on Binance is Collapsing — ETFs + Whales Are Absorbing Everything
CryptoQuant reports #Binance ’s reserves falling to just 2.7B XRP — one of the lowest levels ever recorded. Over 300M #XRP has been withdrawn since October, mostly into private wallets.
Meanwhile, ETF inflows are accelerating with nearly $160M across two weeks, and more funds are expected soon.
Combined with XRP holding above $2 and supply shrinking, this could be the early stages of a long-term supply squeeze.
Is a bigger move coming, or is this just another consolidation phase?
CryptoQuant reports #Binance ’s reserves falling to just 2.7B XRP — one of the lowest levels ever recorded. Over 300M #XRP has been withdrawn since October, mostly into private wallets.
Meanwhile, ETF inflows are accelerating with nearly $160M across two weeks, and more funds are expected soon.
Combined with XRP holding above $2 and supply shrinking, this could be the early stages of a long-term supply squeeze.
Is a bigger move coming, or is this just another consolidation phase?