🔥 $XRP SUPPLY SHOCK: BINANCE RESERVES HIT 12-MONTH LOW. THE DETONATION CATALYST IS SET.
Retail traders overlooked the 12-month consolidation. What they missed was the silent, structural shift in the supply dynamics—the exact fuel needed for the analyst's "detonation" call.
This isn't just accumulation; it's a profound liquidity drain. Institutional money is quietly cornering the float, creating a scarcity event that market participants have yet to price in:
Exchange Drain: Binance's $XRP
balance has plummeted to a 12-month low of 2.7 billion tokens. When supply leaves the exchanges, the next price move tends to be explosive.
Institutional Sink: Spot XRP ETFs have already accumulated over $660M in net inflows, acting as a structural liquidity sink for the asset. This sustained demand directly removes tokens from the available market.
The Coiled Spring: The weekly Bollinger Band width is at its tightest point since 2021, historically a prerequisite for a 100%+ volatility expansion.
The Key Breakout Level: We are consolidating around $2.17. The final trigger for this detonation is a decisive daily close above the $2.28 - $2.33 resistance cluster. This move opens the path to our first target in the $3.00-$3.20 range.
The macro winds (end of QT) and the micro metrics (supply drop) are perfectly aligned. The long wait may finally be over.
#XRP #Ripple #OnChain #CryptoNews #BinanceSquare
Your Take: Do you think the ETF inflows or the technical breakout above $2.33 will be the stronger catalyst to launch $XRP? Let me know below! 👇