Something interesting is happening with $XRP supply.
Around 1.6B XRP left exchanges in just two weeks.
Exchange balances have now fallen from roughly 12.9B to 11B since April.
At the same time, spot XRP ETFs are holding around 1.16B tokens.
That’s a lot of supply moving away from places where it can be sold immediately.
Price gets most of the attention.
I’m more interested in how much liquid supply is quietly disappearing.
#xrp #TrendingTopic
Around 1.6B XRP left exchanges in just two weeks.
Exchange balances have now fallen from roughly 12.9B to 11B since April.
At the same time, spot XRP ETFs are holding around 1.16B tokens.
That’s a lot of supply moving away from places where it can be sold immediately.
Price gets most of the attention.
I’m more interested in how much liquid supply is quietly disappearing.
#xrp #TrendingTopic
