XRP Surge: Analyzing Recent Exchange Inflows and Volatility Risks
XRP/USDT
$2,431,226,288.85
$1.4703 / $1.4052
Change: $0.0651 (4.63%)
-0.0145%
Shorts pay
On December 2nd, COINOTAG News reported insights from CryptoQuant’s analyst Maartunn, highlighting a recent **surge in XRP** prices correlated with a significant uptick in **exchange inflows**. Historical analysis indicates that such movements can precede a **17% price retracement**, underscoring the essential need for investors to closely monitor **market volatility** and adeptly manage their **risk exposure**. Furthermore, data from Coinglass illustrates that the **total XRP balance across exchanges** has exceeded **$4 billion**, currently resting at **$4.181 billion** (representing approximately **1.747 billion XRP**) and evidencing a remarkable **27% growth** in total balance within just 24 hours. This coincides with an impressive **29.2% increase** in XRP’s price, signaling active trading dynamics that necessitate diligent analysis and cautious investment strategies.
