XRP exchange reserves hit a seven-year low.
On-chain data shows XRP balances held on exchanges have dropped to approximately 1.7 billion tokens.
The figure marks the lowest level in seven years and reflects a sustained decline in readily tradable supply.
#XRPExchangeReservesHitSevenYearLow
Tokens continue moving into private wallets and ETF custody. Spot XRP ETFs have absorbed significant volume over recent months even as occasional daily outflows appear.
Analysts note the tighter float could amplify price moves when demand returns.
The supply squeeze comes amid broader network activity and stablecoin growth on the XRP Ledger.
Markets watch whether reduced exchange inventory supports a sustained rebound.
$XRP
On-chain data shows XRP balances held on exchanges have dropped to approximately 1.7 billion tokens.
The figure marks the lowest level in seven years and reflects a sustained decline in readily tradable supply.
#XRPExchangeReservesHitSevenYearLow
Tokens continue moving into private wallets and ETF custody. Spot XRP ETFs have absorbed significant volume over recent months even as occasional daily outflows appear.
Analysts note the tighter float could amplify price moves when demand returns.
The supply squeeze comes amid broader network activity and stablecoin growth on the XRP Ledger.
Markets watch whether reduced exchange inventory supports a sustained rebound.
$XRP