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via CryptoPotato · By CryptoPotato Editorial
XRP Wallet Activity Turns Withdrawal-Heavy Across Exchanges: What It Means for Price?
XRP
XRP/USDT
$1.0582
+5.70%
$1.0582
+5.70%
(24s)24h Volume
$1,208,495,159.84
24h H/L
$1.0745 / $0.9959
Change: $0.0786 (7.89%)
Long/Short
74.4%
Long: 74.4%Short: 25.7%
Funding Rate
+0.0056%
Longs pay
Data provided by COINOTAG DATALive data
CE
CryptoPotato Editorial(04:16 PM UTC)
1 min read
Coinbase is leading XRP's negative net wallet flows, accounting for nearly half of the seven-day imbalance.
Wallet activity related to XRP has become heavily weighted toward withdrawals.
Data shared by Analyst Amr Taha shows that Coinbase recorded a seven-day net wallet count of -14,300.
Coinbase Accounts for 47.3% of the Imbalance
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