{"id":113170,"date":"2025-11-14T13:59:58","date_gmt":"2025-11-14T13:59:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113170"},"modified":"2025-11-14T13:59:58","modified_gmt":"2025-11-14T13:59:58","slug":"335m-in-xrp-vanish-from-exchanges-overnight-whats-next-for-ripples-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113170","title":{"rendered":"$335M in XRP Vanish From Exchanges Overnight: What\u2019s Next for Ripple\u2019s Price?"},"content":{"rendered":"

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.<\/p>\n

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.<\/p>\n

XRP Exchange Balances Drop Sharply<\/h2>\n

According to data from CryptoQuant, XRP\u2019s exchange supply dropped steeply within a 24-hour period. The chart shows a clear cut in reserves, equal to over 149 million tokens. This suggests fewer coins are available for trading on such platforms.<\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

In many cases, tokens moved off exchanges are meant for storage rather than sale. Such activity is often linked to long-term holding or preparation for offline custody. However, XRP\u2019s price has not moved much following the drop. It remains just near $2.30, showing that the lower supply has not yet been matched by fresh demand.<\/p>\n

ETF Launch Followed by Price Decline<\/h2>\n

On November 13, the first US spot XRP ETF, known as XRPC, began trading. As CryptoPotato reported<\/a>, it recorded over $58 million in volume and took in $245 million in inflows. Robinhood also confirmed<\/a> the listing of XRPC, drawing attention across the crypto space.<\/p>\n

However, XRP\u2019s price quickly dropped following the launch. Analysts described this as a typical case of the market pricing in the news ahead of time. Crypto Patel noted<\/a>,<\/p>\n

\u201cMarkets move before headlines. Retail moves after.\u201d<\/p>\n

His chart shows that XRP found support at a key level within its price channel, after a near 10% fall. The pattern is still intact for now.<\/p>\n

Large Holder Activity Slows Down<\/h2>\n

Data from Binance shows that large wallet transfers to exchanges have been declining since October. A small spike on October 25 was short-lived, and the trend returned to low levels. The 30-day average also points to fewer large-scale moves.<\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

During the same period, XRP\u2019s price has dropped from above $2.60 to around $2.30. While fewer whale transfers can lower selling pressure, the lack of new buying interest has kept prices under control.<\/p>\n

Market Signals Show Neutral Trend<\/h2>\n

On a longer timeframe, XRP is showing early signs of recovery. The RSI on the 3-day chart has broken out of a past downward path. In previous cases, such moves came before stronger price shifts. The current RSI is near 46, showing mild upward momentum. Analyst Steph Is Crypto\u2019s chart pointed<\/a> to similar patterns in past years that led to large gains.<\/p>\n

Another analyst, Cryptollica, compared<\/a> XRP to its 2-year moving average bands. XRP is trading above the 2-year base level but still far below the upper bands. This puts the token in a mid-range price zone with no clear signs of extreme moves, up or down.<\/p>\n

The post $335M in XRP Vanish From Exchanges Overnight: What\u2019s Next for Ripple\u2019s Price?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":113171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113170"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113170"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113171"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}