#USCryptoReserve

Billions in $XRP tokens and thousands of bitcoin were sent to exchanges shortly after U.S. President Donald Trump revealed plans to include the assets as part of a U.S. crypto strategic reserve, one that may have contributed to their rapid price reversals after a surge.

Hourly inflows reached up to 193 million XRP after Trump’s message with most of the flows coming from whales (or influential holders of any asset) executing transactions of 1 million or more XRP, on-chain analysis firm CryptoQuant said in a Tuesday report.