XRP Order-Book Survey Finds Fuels Supply-Shock Debate
Photo: DailyCoin
About 225 million XRP was visibly offered for sale up to roughly $5 across the exchanges surveyed, according to an analyst who says he examined 64 venues and 171 trading pairs. The video challenges a common assumption behind the supply-shock debate: that billions of tokens held in exchange wallets are necessarily available to buy at current prices. Edo Farina cites roughly 22 billion XRP in tracked exchange wallets, including about 2.6 billion on Binance. Those balances, however, include customer holdings that have not been placed into sell orders.
Source: DailyCoin
