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Crypto

Ripple Wallet Activity Turns Withdrawal-Heavy Amid Elevated Outflows

Guavy AI Editorial Team
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XRP
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CryptoRank has reported that XRP wallet activity on exchanges is heavily weighted towards withdrawals. This shift in behavior indicates elevated outflows from exchanges and potential selling pressure.

According to data shared by Analyst Amr Taha, Coinbase recorded a seven-day net wallet count of -14,300. This metric points to negative token performance risk and potential market impact for XRP and broader crypto exchange flows.

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