Glassnode data shows that XRP’s exchange balances hit their lowest level since 2018 in late December, sparking the usual wave of accumulation phase speculation and “tight supply = moon” commentary. While the eight-year low encompasses the entire exchange ecosystem, CryptoQuant data for Binance offers a recent window into whether these troughs actually precede rallies. Binance’s
The post XRP on exchanges hits 8 year low, but historical data exposes a brutal flaw in the popular “moon” narrative appeared first on CryptoSlate. CryptoSlate Read More
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