Why XRP’s 3.36 % Exchange Reserve Drop Could Trigger the Next Payment Token Bull Run
The post Why XRP’s 3.36 % Exchange Reserve Drop Could Trigger the Next Payment Token Bull Run appeared on BitcoinEthereumNews.com.
Crypto News On-chain data has reported a 3.36% drop in exchange reserves in XRP since early October. Historically, this drop is a classic bullish signal tied to long-term whale accumulation. Market watchers have stated that this drop is driven by the ever-increasing demand for XRP as a cryptocurrency payment token. Hence, the whales are gradually accumulating ahead of a price surge. Although investing in XRP is a wise decision, seasoned investors know that investing in an emerging payment token tagged ‘XRP 2.0’ is a better option. This token, RTX, is the native token of a PayFi solution, Remittix, which is set to revolutionise the crypto-to-fiat payment space. Whale Accumulation On The Rise, What It Means For XRP Price Ripple’s move to expand its payment corridor is finally bearing fruit, one of which is the recent drop in exchange reserves, signalling a bullish rally ahead. Read on. Technically, XRP is trading higher in a controlled, range-bound action, as institutional participation supports accumulation above the $2.38 support, even as derivatives data indicate declining speculative interest. Over the past few weeks, trading volumes surged to $79.86 million, indicating a return of institutional activity to the Ripple ecosystem. A break through the $2.43 resistance signal renewed momentum, while failure to respect the $2.38 support will lead to a pullback. Derivatives data reported a reduced speculative activity, open interest decline by 1.4%, and a 24% drop in trading volumes. Funding rates have turned negative at -0.0007%, signalling that traders are shorting. Yet, on-chain data show a 3.36% drop in exchange reserves since early October, a classic bullish signal associated with long-term whale accumulation. What Traders Should Watch For While XRP price predictions are all bullish, the token needs to bounce above the $2.38 support area to keep the setup valid. A confirmed breakout above $2.43–$2.48…
Filed under: News - @ October 26, 2025 10:25 am