XRP Supply Shock: Only 225 Million XRP Listed for Sale Across 64 Exchanges
Photo: Coinpedia
XRP could see stronger buying pressure if large investors enter the market while the number of tokens offered for sale remains low. An analysis of 64 crypto exchanges found around 225 million XRP listed for sale at prices from the current market level up to $5. The study covered 171 trading pairs, including XRP/USD, stablecoins, euros and other currencies. It found that the amount of XRP available to buy on exchanges is much smaller than the total held in exchange wallets. The analysis estimated that around 35 million XRP was listed for sale within 2% above the market price.
Source: Coinpedia
