Over 149 million XRP, valued at about $336 million, has been removed from centralized exchanges in just a day. This is one of the sharpest single-day drops in XRP exchange reserves in recent months. Despite the large transfer, the asset tumbled below $2.30 earlier today, marking a significant 9% overnight decline.

Meanwhile, this development raises new questions among traders and analysts. Some see this as a shift in strategy by larger holders, while others remain cautious, noting a lack of strong buying pressure.

Over 149 million XRP, valued at about $336 million, has been removed from centralized exchanges in just a day. This is one of the sharpest single-day drops in XRP exchange reserves in recent months. Despite the large transfer, the asset tumbled below $2.30 earlier today, marking a significant 9% overnight decline.

Meanwhile, this development raises new questions among traders and analysts. Some see this as a shift in strategy by larger holders, while others remain cautious, noting a lack of strong buying pressure.