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XRP Wallet Activity Turns Withdrawal-Heavy Across Exchanges: What It Means for Price?


XRP Wallet Activity Turns Withdrawal-Heavy Across Exchanges: What It Means for Price?

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XRP wallet activity is heavily weighted toward withdrawals, indicating elevated outflows from exchanges and potential selling pressure. Analyst Amr Taha reports Coinbase recorded a seven-day net wallet count of -14,300, a metric that points to negative token performance risk and potential market impact for XRP and broader crypto exchange flows.

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Wallet activity related to XRP has become heavily weighted toward withdrawals.

Data shared by Analyst Amr Taha shows that Coinbase recorded a seven-day net wallet count of -14,300.

Read the article at CryptoPotato

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In This News

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$ 1.41

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