Binance XRP Supply Hits Record Floor: Preparing For A Supply Shock
Institutional conviction grows as XRP reserves on Binance hit levels suggesting a massive supply tightening. XRP's Binance supply has just dropped to a record low, registering +0.48 on the Scarcity Index. This isn't just a simple anecdote; it’s a critical data point that demands scrutiny, especially when the token’s price remains stubbornly anchored below the $2 mark despite whispers of an impending supply shock. The market is now asking: does retail conviction alone move mountains, or is this merely a well-intentioned but ultimately structural misreading of the market mechanics? XRP Price Trend Last 7 Days Powered by CryptoCompare 📉 The Disappearing Act: XRP's Exchange Exodus For mont...