#Ripple #xrp
🎄 $XRP : A “Red” Metric for Christmas That’s Actually a Bullish Signal
While the world is celebrating Christmas, the XRP ecosystem is showing an interesting anomaly. Despite the price volatility, one of the key on-chain metrics has turned red, which is quite pleasing for investors.
📉 Exchange Reserves Are Falling Rapidly
According to CryptoQuant, the volume of $XRP on crypto exchanges has decreased significantly over the past 24 hours.
• On Binance alone, reserves fell by 0.5% in 24 hours.
• As of December 25, Binance’s balance sheets remain around 2.67 billion XRP.
Why is this important? When investors massively withdraw assets from exchanges to cold wallets, it indicates a reluctance to sell at current prices. This reduces market supply and creates the foundation for a potential price spike.
🏛 ETF Factor: Institutional Hunger
While retail traders hesitate, big players continue to accumulate. $XRP ETFs demonstrate incredible resilience:
• $11 million in inflows in the last trading session alone.
• Institutional demand remains stable, despite market volatility.
⚠️What’s next?
The decline in supply on exchanges combined with the constant inflow of capital via ETFs is creating a classic supply crunch. While the price is still looking for stable support, these indicators indicate that it is preparing for a powerful surge.
