Analyst Says Guess What Happens When Exchanges Run Out of XRP as XRP Balances Drop 1B in 3 Weeks
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XRP is disappearing from exchanges in large amounts, with a staggering 1 billion tokens withdrawn in the past three weeks. Notably, Market commentator Mike elaborated on this Glassnode data in a recent tweet, calling it "insane." He highlighted that the XRP balance across all exchanges has dropped drastically, as whales prefer self-custody for long-term holding.
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