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XRP exchange balances hit 7-year low, signaling reduced sell pressure despite weak price momentum.

Market News
10 Jul 2026
Tokenpost
View Source
Neutral
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XRP's supply held on centralized exchanges has dropped to its lowest level in seven years, indicating reduced near-term sell pressure as holders move tokens to self-custody wallets. Despite this positive supply-side signal, XRP's price remains weak, trading around $1.10 and down over 25% in the past 60 days. Market sentiment and derivatives data suggest consolidation rather than a breakout, with no new major catalysts from the Ripple ecosystem. The next significant price move depends on increased demand and broader market confidence to match the improved supply dynamics.

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