XRP whales drive 55% of Binance withdrawals – Is $1 floor safe?

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XRP whales accounted for over 55% of daily Binance withdrawals, signaling continued accumulation by large holders. The Exchange Supply Ratio dropped to 0.03, reducing selling pressure and helping XRP remain above $1 after a $1.06 billion token unlock. Traders on Kalshi largely expected XRP to trade between $1 and $1.25 by year-end, with a 67% probability for this range. The weekly RSI divergence hinted at selling, with XRP hovering around $1 and $0.95 as the nearest support level. The probability of XRP ending the year above $1.25 was priced at only 39%.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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