A $10 Million XRP Purchase Could Send Prices to $15 — Analysts Warn of Shrinking Supply on Binance
- Analysts warn XRP liquidity on Binance and other exchanges is rapidly thinning.
- A $10 million market buy could push XRP’s price as high as $15.
- Shrinking OTC and exchange supply may signal an incoming XRP supply shock.
A growing discussion within the XRP community is raising concerns about tightening liquidity on major exchanges. Some suggest that a single $10 million market buy could send XRP’s price skyrocketing toward $15.
After spending several days in a consolidation zone, XRP recently bounced back above the $2.60 mark. But beneath the surface, a potential supply crunch might be brewing, and analysts believe it could trigger a dramatic price reaction if large-scale purchases occur.
Binance XRP Order Book “Dangerously Thin”?
Software engineer Vincent Van Code recently highlighted on social media that Binance reportedly holds only around four million X…
Read The Full Article A $10 Million XRP Purchase Could Send Prices to $15 — Analysts Warn of Shrinking Supply on Binance On Coin Edition.
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A $10 Million XRP Purchase Could Send Prices to $15 — Analysts Warn of Shrinking Supply on Binance
- Analysts warn XRP liquidity on Binance and other exchanges is rapidly thinning.
- A $10 million market buy could push XRP’s price as high as $15.
- Shrinking OTC and exchange supply may signal an incoming XRP supply shock.
A growing discussion within the XRP community is raising concerns about tightening liquidity on major exchanges. Some suggest that a single $10 million market buy could send XRP’s price skyrocketing toward $15.
After spending several days in a consolidation zone, XRP recently bounced back above the $2.60 mark. But beneath the surface, a potential supply crunch might be brewing, and analysts believe it could trigger a dramatic price reaction if large-scale purchases occur.
Binance XRP Order Book “Dangerously Thin”?
Software engineer Vincent Van Code recently highlighted on social media that Binance reportedly holds only around four million X…
Read The Full Article A $10 Million XRP Purchase Could Send Prices to $15 — Analysts Warn of Shrinking Supply on Binance On Coin Edition.
Read More
Ripple’s Acquisition Spree Builds Financial Hub; Is XRP Integration the Next Spark?