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Crypto

XRP Exchange Reserves Plummet on Major Exchanges

Guavy AI Editorial Team
Instruments
BNB XRP
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XRP exchange reserves have declined significantly on major exchanges like Upbit and Binance, indicating fewer tokens are available for immediate trading.

This reduction in exchange reserves suggests investors are moving XRP to private wallets, reducing near-term selling pressure and tightening liquid supply.

Historically, such patterns have preceded strong price rallies, raising speculation of a potential breakout towards $6.40 or higher if demand increases.

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