115M XRP withdrawn from exchanges signals rising demand and potential price volatility ahead.

In the last 24 hours, $115 million worth of XRP was withdrawn from spot exchanges, exceeding inflows and indicating strong accumulation by investors. This outflow, coupled with rising open interest and increased XRP ETF inflows, suggests growing demand and long-term holding rather than selling. XRP's price rose 2.22% to $1.41 amid tightening volatility and thinning liquidity, with traders watching key resistance and support levels. Upcoming crypto legislation discussions may further impact market volatility.