XRP Exchange Balances Hit 7-Year Low, Signaling Reduced Sell Pressure

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XRP (XRP) edged higher on Thursday, but the bigger story for traders is happening off the price chart: the amount of XRP held on centralized exchanges has fallen to its lowest level in seven years, a shift that often points to easing near-term ‘sell pressure’—even as broader performance remains weak. According to CoinMarketCap data, XRP was trading at $1.1032 as of 9:05 p.m.

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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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