crypto analysis
08/07 15:09
On the plus side, the price retracement gave long-term holders a reason to load up on more XRP. While the average whale flow was bearish, the Exchange Reserve has fallen from 3.009 billion on the 19th of July to 2.88 billion XRP, at press time.
This represented an outward flow of XRP and can be assumed to be an accumulation from holders.
A continued drop in exchange reserves would be a welcome sight for XRP investors, as would a positive whale netflow.
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