XRP Exchange Deposits Reach 6.05 Billion in 30 Days, Highest Since March
Photo: TokenPost
Tracked exchange wallets received 6.05 billion XRP during the 30 days ending Oct. 19, the largest total for that period since March, while a longer-term measure of large-holder withdrawals continued to decline. The 30-day inflow total doubled from its mid-August level. It records transfers into exchange wallets, not completed sales. Deposits may support trading or other transfers, and inflows alone do not show whether the amount of XRP held on exchanges increased. Since mid-August, XRP rose from roughly $1 to a high of $1.70 before returning to around $1.30.
Also reported by Cointribune.
Source: TokenPost
