XRP Reserves on Binance Slump to 2022 Lows — Is a Supply-Shock Rocket Surge Imminent?
Photo: ZyCrypto
Could Ripple-linked XRP be sitting on the brink of a massive supply squeeze? Fresh on-chain data has revealed a striking development: XRP reserves on Binance have tumbled to their lowest level in nearly four years, with millions of tokens disappearing from the exchange’s holdings. The sudden drop is fueling speculation that a supply shock could be brewing, potentially setting the stage for an explosive price rally if investor demand returns. While the broader crypto market continues to battle persistent selling pressure and weeks of volatility, XRP is flashing a potentially bullish on-chain signal.
Source: ZyCrypto
