XRP’s Real Pressure Is Sitting on Exchanges $XRP is trading around $1.29–$1.30, but the more important number is 11.81B XRP now held on exchanges - the highest reading in the past year and a level sitting in the 99th percentile of that period. That supply overhang is arriving just as leverage begins to rebuild. Binance open interest is still below its Oct. 17 level at about $412M, while total XRP open interest across exchanges has risen to $1.40B. Long liquidations also dominated the latest session: roughly $2M versus only $431K in shorts. Price is therefore caught between two very different forces. XRP has bounced from $1.25, but exchange balances remain elevated and ETF demand has weakened after a $1.84M weekly outflow ended a 13-week inflow streak. If $1.25 holds while reserves start falling, the supply pressure eases. If that support breaks while exchange balances stay high, $1.00 becomes the next major level in view. #Ripple #XRP #Altcoin Season#