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XRP Reserves Are Exploding On Exchanges… Should We Be Worried?

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The vault of a crypto exchange like Binance is overflowing with XRP.

While Bitcoin breaches a new peak of over $111,000, XRP is navigating a climate of uncertainty. Driven by the accumulation of tokens by large holders, Ripple's cryptocurrency is experiencing a bullish momentum. However, this dynamic is accompanied by tensions: the rapid increase in reserves on Binance and other exchanges fuels doubts. In an ultra-reactive market, where every indicator matters, this unstable configuration calls for a nuanced reading of the dynamics at play.

L’article XRP Reserves Are Exploding On Exchanges… Should We Be Worried? est apparu en premier sur Cointribune.

3h ago
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