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Is the exchange's XRP really being swept clean? On-chain data shows supply dropping to a seven-year low
$XRP $SOL $ZEC

Recently, a piece of data has attracted a lot of attention: XRP reserves on exchanges have fallen to 1.6 billion coins, a low not seen in seven years. Remember October last year? Back then, there were 3.76 billion coins. In a short period, more than half of the coins have flowed out of exchanges. Such a large-scale transfer of assets must have some underlying reason.

Typically, this indicates two situations. One is that holders no longer want to trade short-term and are shifting to long-term holding—they either transfer coins to their own wallets, indicating confidence in the market’s future; or large funds are quietly consolidating chips behind the scenes in preparation for the next move. Either way, it points to a common signal: a growing reluctance to sell, and fewer chips available for market selling.

From past experience, whenever exchange reserves drop to a multi-year low, the supply and demand relationship undergoes a noticeable change. Imagine: if buy demand suddenly increases but there aren’t many coins available for sale in the market, how will the price move? This is like laying the groundwork for the next market trend.

Is this large-scale transfer a sign of a long-term bull market, or just calm before the storm? What do you think about the wealth opportunities behind this?
BTC-0,67%
XRP-1,65%
SOL0,41%
ZEC-2,95%
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DefiPlaybookvip
· 15h ago
3.76 billion dropped to 1.6 billion. This data looks outrageous, but don't rush to all in. Large holders' outflows might also be shifting to other public chains.
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DustCollectorvip
· 15h ago
Hmm... from 37.6 to 1.6 billion, this outflow is indeed fierce, but who says it's necessarily a good thing?
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GateUser-40edb63bvip
· 15h ago
XRP outflow from exchanges is so strong, it could be either smart money bottom-fishing and accumulating, or everyone has moved to staking. Honestly, tight supply indeed makes it easier to drive prices up.
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