XRP Worth $336M Vanishes from Exchanges in a Day — Ripple’s Dominance Incoming
2025-11-15 20:55
XRP Supply on Exchanges Plunges as $336M Exits in 24 Hours According to on-chain metrics provider Coin Bureau, XRP has witnessed a dramatic outflow from centralized exchanges, with over 149 million XRP, valued at approximately $336 million, leaving trading platforms in just 24 hours. Notably, this sudden movement highlights growing shifts in investor behavior and signals potential market implications for the digital asset. Such large-scale withdrawals often indicate long-term accumulation or a shift to decentralized custody solutions, as investors move assets off exchanges to personal wallets for increased security. Historically, significant outflows like this can precede price volatility, as available supply on exchanges diminishes while demand from buyers remains constant or increases. Interestingly, the timing of this outflow is particularly notable given that XRP exchange-traded funds (ETFs) are gaining steam with Canary Capital setting the ball rolling. Coin Bureau’s report underscores a broader trend in crypto markets: a growing preference...
