149M XRP Withdrawn as ETF Countdown Heats Up — Canary XRPC Breaks Records with $245M Net Inflows, BlackRock Speculation Rekindled
first published 2025-11-15T08:31:13Z
On-chain researcher Ripple Bull Winkle says ~149 million XRP (~$336M) left centralized exchanges within 24 hours, part of a multi-month decline that leaves about $3.8 billion of XRP on exchanges. Rising institutional demand from spot XRP ETFs — Canary Capital’s XRPC posted $58M day-one volume and 11 additional ETFs await approval — could further lock up supply and amplify price moves. XRP trades near $2.27 with technical levels at $2.20 and $2.50; some analysts predict $5–$10 by end of 2025 if ETF-related outflows continue.
AI Analysis
149M XRP (~$336M) withdrew from exchanges in 24 hours and exchange reserves are down to ~$3.8B; Canary Capital’s XRPC saw $58M day-one volume and 11 more ETFs await approval—facts that could materially tighten circulating supply and affect price. Price levels referenced: $2.27 current, $2.20/$2.50 technical levels; analysts’ $5–$10 target cited.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- XRP Supply on Exchanges Collapses Ahead of Next Round of ETF Approval - Coinpedia
- 78,376,043,384 SHIB: Shiba Inu Holders Taking Profits? - U.Today
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- BlackRock XRP ETF Speculation Grows as Canary XRPC ETF Breaks Records - Coinpedia