Rewards Hub XRP has witnessed a significant withdrawal of 1.4 million tokens, valued at over $336 million, from centralized exchanges within a 24-hour period. This development aligns with the launch of XRP ETF products, as highlighted by Ripple Bull Winkle using CryptoQuant data. The exchange reserves have sharply declined, although XRP's price remains stable within the $0.82 to $0.92 range.
Analysts are observing this trend closely, suggesting it may indicate the onset of a supply shock. The current pattern of withdrawals mirrors a similar occurrence from mid-2025, potentially impacting XRP's market dynamics as the ETF products gain traction.
XRP Withdrawals Surge as 1.4 Million Tokens Exit Exchanges
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