XRP Reserves On Binance Collapse To Record Lows: Investors Move Toward Long-T...
XRP is under intense selling pressure as the broader crypto market enters a decisive stage marked by fear, uncertainty, and a rapid shift in investor sentiment. With Bitcoin struggling to recover and altcoins posting steep losses, many analysts are warning that XRP could face a continued decline in the coming days. Investors are bracing for more volatility as liquidity thins and market confidence weakens. Related Reading: Major Bitcoin LTH Sell-Off Signals Cycle Exhaustion as Supply Drops to 13.6M BTC Yet, despite the bearish narrative, the XRP ecosystem has shown unusual levels of....
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XRP reserves on Binance have quietly fallen to near-record lows just as the first US spot ETFs begin trading, on-chain data from CryptoQuant and analysis by Darkfost show. Binance’s XRP Exchange Reserves Drop Sharply A CryptoQuant chart of “Exchange Reserve – Binance” plots the exchange’s holdings sliding from a little above 3 billion XRP in […]
FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between FTX and the Binance crypto exchange. This is presumed to involve their respective CEOs, Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). Binance announced its plans to liquidate FTT token holdings, which it has carried out. There’s still no explanation for Binance’s sudden lack of interest in the FTT tokens. However, some opine that Binance may consider holding FTT tokens as a....
Bitcoin has rallied more than 12% since last week’s sharp drop to the $80,000 low, offering the market a brief moment of relief after an intense period of capitulation. Despite this rebound, fear and uncertainty continue to dominate sentiment, especially following what analysts describe as the largest short-term holder capitulation in Bitcoin’s history. Related Reading: XRP Reserves On Binance Collapse To Record Lows: Investors Move Toward Long-Term Holding This wave of realized losses—fast, aggressive, and record-breaking—has left many investors questioning whether the recent recovery is....
Ether supply on exchanges is now at a 9-year low: specifically 18.95 million ETH as of February 18, at the time of writing. This suggests investors are now moving $ETH into cold storage, presumably for long-term HODLing purposes. If the ecosystem is overall looking to hold, rather than trade Ether, the historic all-time lows supply significantly increases the odds of ‘supply shock’ occurring, which would inevitably power an $ETH bull run and skyrocket the price. Basic economics dictate that a supply shock happens when the demand of an asset exceeds the supply, creating a significant gap.....
XRP’s price action is somewhat muted, but Binance reserve data is showing a different kind of pressure building under the price movement. The exchange’s XRP balance has fallen from about 3.05 billion tokens to roughly 2.75 billion in less than a year, placing reserves near multi-year lows. The decline in XRP exchange balance is coming […]