🚨 !The Reserves of $XRP Fall Massively in Exchanges! 📉💰 Here’s Why This is Big News
Analyst Xaif Crypto 🎤 reports a pronounced decrease in the holdings of $XRP in exchanges, according to data from Glassnode. 📊
The Drastic Decline 🤯
🔹The Figure: Exchange balances fell from 3.95 billion $XRP (September 21) to only 2.6 billion XRP (November 27).
🔸The Percentage: A decrease of over 45% in just 60 days! 📉
Interpretation of Supply Change 🔑
The reduction in available reserves implies a substantial shift of tokens out of liquidity for immediate trading.
▪️Less Selling Pressure: Analysts see this as a reduction in short-term selling pressure. 🛡️
▪️Implication: Outflows are linked to accumulation by large holders 🐋 and increased institutional interest 🏦 following the introduction of ETFs.
▪️Microstructure: Less supply on exchanges alters the supply side and may increase sensitivity to new demand. ⬆️
It’s Big News! The magnitude of the outflows is significant and marks a change in the liquidity available in the market. 🌊
#Acumulación #ofertaydemanda #Glassnode #ballenas #Alezito50x
