XRP whale transfer activity has noticeably increased. In the past 24 hours, the number of transactions exceeding $100,000 has surged to 2,802, a significant jump from 2,170 the previous day, reaching a new high since October. What does this wave of transfers reflect? The XRP reserves of a major exchange have continued to decline, dropping from 325 million to 260 million, indicating that more and more users are inclined to transfer assets out of exchanges for self-custody. Regarding price, XRP is currently trading around $2.13. Although it has fallen 6% in the past 24 hours, the weekly chart shows a 16% increase, and short-term fluctuations do not change the long-term trend. The increased activity of large holders and the expansion of self-custody scale suggest that market participants' confidence in holding XRP is continuously strengthening.
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CryptoFortuneTeller
· 8h ago
Be prepared to exit and buy the dip on both hands. The big players have long seen through it; the exchange's coins are slipping away.
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ColdWalletAnxiety
· 01-09 19:40
Large traders are frantically fleeing exchanges. Are they hoarding chips or running away? Feeling a bit anxious.
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GasFeeNightmare
· 01-08 17:59
The big players are arbitraging again late at night. I just checked the gas tracker, and gwei has gone up again. 2,802 transactions in 24 hours? How much miner fee will this wave of transfers burn? Just thinking about it makes me feel the pain.
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StakeOrRegret
· 01-08 17:59
Big players are all fleeing, what does that mean... This wave is really different
As more people exit, it's time to reflect. The 2800 transfer transactions look suspicious
The weekly gains are impressive, but I still feel a bit uneasy. The 6% short-term drop is quite sharp
Increasing self-custody is actually quite promising, but we also need to watch out for unexpected situations
Active large holders ≠ active price. Can this logic hold?
$2.13, let's see if it can return to $3.
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gaslight_gasfeez
· 01-08 17:57
Large holders are fleeing, and exchange reserves are escaping. What does this imply...
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GasDevourer
· 01-08 17:56
The exchange's coin supply is short by 650 million tokens, and this really can't hold up anymore... the big players are voting.
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LoneValidator
· 01-08 17:53
Exchange reserves plummeting off a cliff, now that's the real signal—much more honest than price action.
Whales are voting with their feet. The surge in self-custody indicates what? People's hearts are scattered, but their confidence in XRP itself remains intact. This logic is quite interesting.
A 6% daily drop is hardly worth mentioning; the weekly decline of 16% is right here. The bears will have to put real money on the line to push the price down.
This wave of transfers is saying: we’re done with the exchange game; holding coins in our own hands is the only way to feel secure.
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ChainDetective
· 01-08 17:37
Is it a wave of exiting or a bottom-fishing? The reduction of exchange tokens indicates there are only two possible reasons
People are starting to use cold wallets, which is quite interesting
Major investors dare to move, meaning they have a clear understanding in their minds
XRP whale transfer activity has noticeably increased. In the past 24 hours, the number of transactions exceeding $100,000 has surged to 2,802, a significant jump from 2,170 the previous day, reaching a new high since October. What does this wave of transfers reflect? The XRP reserves of a major exchange have continued to decline, dropping from 325 million to 260 million, indicating that more and more users are inclined to transfer assets out of exchanges for self-custody. Regarding price, XRP is currently trading around $2.13. Although it has fallen 6% in the past 24 hours, the weekly chart shows a 16% increase, and short-term fluctuations do not change the long-term trend. The increased activity of large holders and the expansion of self-custody scale suggest that market participants' confidence in holding XRP is continuously strengthening.