$XRP REGISTER WITHDRAWALS FROM EXCHANGES AND MAINTAINS THE BULLISH TREND.
The XRP market recorded a significant increase in withdrawals from exchange platforms at the start of this October.
According to CryptoQuant data, daily outflows of transactions involving one million tokens or more surpassed 320 million XRP, reflecting an accumulation move by high-net-worth investors.
The figure was analyzed by industry specialists such as Xaif Crypto, who said that identical behavior occurred in August before an upswing cycle that exceeded 42% in the token’s price.
At the same time, XRP reserves on Binance fell by about 57 million coins over three days, reducing by more than half the volume accumulated during the previous two weeks.
This exchange outflow represents a withdrawal to cold wallets or self-custody, a factor that historically reduces immediate selling pressure in the spot market.
#xrp #TrendingTopic #TradingCommunity #crypto #AltSeasonComing
TRADE HERE 👇
The XRP market recorded a significant increase in withdrawals from exchange platforms at the start of this October.
According to CryptoQuant data, daily outflows of transactions involving one million tokens or more surpassed 320 million XRP, reflecting an accumulation move by high-net-worth investors.
The figure was analyzed by industry specialists such as Xaif Crypto, who said that identical behavior occurred in August before an upswing cycle that exceeded 42% in the token’s price.
At the same time, XRP reserves on Binance fell by about 57 million coins over three days, reducing by more than half the volume accumulated during the previous two weeks.
This exchange outflow represents a withdrawal to cold wallets or self-custody, a factor that historically reduces immediate selling pressure in the spot market.
#xrp #TrendingTopic #TradingCommunity #crypto #AltSeasonComing
TRADE HERE 👇
