$950 million in XRP withdrawn from exchanges. How will this affect Ripple.
According to analysts, over the last week, investors purchased more than 312 million XRP for about $950 million, which led to a decrease in the net position of the token on exchanges to a minimum over the last 5 months. This is a clear signal of a net outflow from trading platforms and a growing interest in long-term holding.
Strong accumulation of XRP reflects confidence not only from retail players but also from institutional investors, who are gradually building their positions. Despite the price declining in recent weeks, such dynamics indicate a possible phase of 'quiet strength accumulation' before potential growth.
On Binance, a similar picture can be observed: trading volumes remain stable, and interest in the XRP/USDT pair is gradually increasing. This could be a sign that traders are using the correction to build positions, hoping for growth in the medium term.
For traders, this opens up several scenarios:
consider current levels as an accumulation zone;
use partial purchases with stop-loss set below key support levels;
