XRP getting tight? 🚨
Looks like we could be heading toward a serious supply crunch. Between Axelar’s mXRP and Flare’s FXRP, nearly 8 billion XRP could be locked up — that’s about 13% of the total supply.
On top of that, exchange balances are falling fast. For example, Coinbase went from holding around 970M XRP back in June to just 32M today. Ripple’s escrow (37B), founders’ bags, and ETFs already scooping up XRP all add to the squeeze.
If banks and new ETFs start jumping in too… well, let’s just say the rocket fuel might already be in place. 🚀
#XRP #Crypto #Ripple #BullRun #Altcoins #SupplyShock
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