🚨 $335M XRP Vanishes Overnight – Is Ripple Playing Hide & Seek? 🕵️‍♂️💸

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So, apparently, 149 million XRP tokens (aka a cool $336 million) decided to ghost centralized exchanges overnight. 💨✨ Like, bye Felicia, but make it crypto. This isn’t just a casual dip-it’s one of the sharpest single-day drops in XRP reserves we’ve seen in ages. And yet, the price? Oh, it’s just chilling below $2.30, down 9% like it’s NBD. 🤷‍♀️

Traders and analysts are now in full detective mode. 🕵️‍♀️ Some think it’s a fancy new strategy by the big whales, while others are side-eyeing the whole situation, muttering about “lack of buying pressure.” Because, you know, crypto drama is never just drama-it’s a whole soap opera. 🧼🎭

XRP Reserves Drop Like It’s Hot

CryptoQuant data is here to spill the tea: XRP’s exchange supply took a nosedive in 24 hours. 📉 The chart? It’s basically a cliff. 149 million tokens gone, just like that. Fewer coins on exchanges mean fewer coins for trading, which is… exciting? Boring? Crypto, who knows. 🤪

Apparently, these tokens are off to live their best life in cold storage, not up for sale. Long-term holding, offline custody-you know, the usual crypto retirement plan. But XRP’s price? Still meh. $2.30, give or take. So much for supply and demand being besties. 🤝✖️

ETF Launch: The Party That Ended Before It Started

Remember when the XRPC ETF launched on November 13? 🎉 It was like the crypto prom, with $58 million in volume and $245 million in inflows. Robinhood even showed up! But then XRP’s price was like, “Nah, I’m good,” and dropped faster than my motivation on a Monday. 💔 Crypto Patel summed it up: “Markets move before headlines. Retail moves after.” Ouch, but true. 😬

“Markets move before headlines. Retail moves after.” – Crypto Patel, probably while sipping tea. 🍵

His chart shows XRP found support after a 10% fall. The pattern’s still intact, but let’s be real-it’s hanging by a thread. 🧵

Whales on Vacation? 🐋🏖️

Binance data says large wallet transfers to exchanges have been snoozing since October. A tiny spike on October 25? Cute, but short-lived. The 30-day average is basically taking a nap. 😴 Meanwhile, XRP’s price went from $2.60 to $2.30. Fewer whale moves mean less selling pressure, but buyers? MIA. 🦄

Market Signals: Neutral, Like My Coffee ☕

On the bright side, XRP’s 3-day RSI is breaking out of its downward spiral. 🌀 Analyst Steph Is Crypto says this could mean a price shift is coming. The RSI’s at 46, so… mild upward momentum? Maybe? 🤔 Cryptollica compared XRP to its 2-year moving average bands, and it’s just chilling in the middle. No extreme moves, just vibes. 🌊

So, what’s next for XRP? Who knows. But one thing’s for sure: crypto never stops being a wild ride. Buckle up, buttercup. 🎢💫

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2025-11-14 17:22