XRP Liquidity Squeeze
XRP reserves on Binance have dropped to 2.74 billion coins, indicating a potential liquidity squeeze and bullish market setup.
According to market analyst Xaif Crypto, this decline suggests that institutional and high-net-worth investors are accumulating XRP off exchanges, signaling a potential bullish phase ahead.
The ongoing reduction in exchange-held XRP reflects a shift in investor behavior from short-term trading to long-term holding.
- XRP reserves on Binance have dropped to one of the lowest levels recorded in recent months.
- Historically, declines in exchange reserves often precede price surges.
Author's summary: XRP reserves on Binance drop to 2.74B.
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