🚀🚀250 Million XRP Removed From Circulation as Buyers Step In — Bullish Pressure Builds🚀🚀
🔥🔥Ripple has transferred 250 million XRP into an unknown wallet, instantly tightening circulating supply while exchange reserves dropped another 2.51%. With less sell-side liquidity available, market pressure is shifting toward the bulls.🔥🔥
At the same time, XRP is forming a double-bottom pattern around $1.99, and price is now pushing toward the key neckline at $2.2443. A breakout above this level could open a clean move toward $2.50.
On-chain momentum is rising too: Taker Buy CVD is climbing, funding rates have surged over 460%, and buyers are stepping in aggressively — though leverage also increases the risk of volatility.
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👉 Ripple’s Big Transfer Tightens Supply
Ripple’s unexpected move of 250M XRP into an unknown wallet immediately reduced liquid supply on the market. With exchange reserves already thinning, this transfer amplified speculation around accumulation or strategic positioning.
The reduced supply adds pressure at a moment when XRP’s price structure is already nearing a critical point.
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