According to data shared by Odaily via CoinGraph, the available supply of XRP on centralized cryptocurrency exchanges has fallen to its lowest level in the past seven years. Current exchange balances have reportedly dropped to around 1.6 billion XRP, compared to approximately 3.76 billion XRP recorded earlier in October, marking a significant decline.
This sharp reduction suggests that more investors may be moving their XRP off exchanges into private wallets, reflecting increased long-term holding sentiment and potential optimism about XRP’s future market performance.
