XRP reserves rose by 1.2B in a day: Is it accumulation or signs of a sell-off?

XRP reserves grew by 1.2 billion, and the altcoin’s price topped $3 the next day. Is this a sign that traders expect new highs if an XRP ETF is approved by the SEC?

Key takeaways:

XRP exchange reserves surged by 1.2 billion tokens in a single day, led by Binance’s 610 million inflow.

Futures demand rose with CME open interest up 74%, but XRP underperformed peers despite the ETF optimism.

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