XRP Exchange Reserves Surge Amidst Market Volatility and Top Crypto Demotion
XRP Exchange Reserves Surge Amidst Market Volatility and Top Crypto Demotion
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Following its demotion to the 6th largest crypto asset, the supply of XRP tokens available on exchanges has significantly increased. This trend suggests a potential rise in selling pressure as tokens are being moved back to exchanges during ongoing volatile market conditions.