XRP balances on major cryptocurrency exchanges have declined sharply in recent weeks, a shift analysts attribute to the growing influence of newly launched spot ETFs rather than traditional accumulation by long-term holders.
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Editor’s Analysis
XRP goes into ETF mode: Less on exchanges, altering market dynamics continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: Caroline Álvarez
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