19.09.2025 01:47
Here's a rewritten version of the news article, incorporating diverse sentence structures and focusing on key details:
**Internet Sources**
The cryptocurrency XRP is attracting considerable attention once more, particularly as on-chain analysis reveals a drastic reduction in the XRP holdings of the Coinbase exchange, with a staggering 90% decrease, indicating robust accumulation by large investors. This, paired with favorable macroeconomic indicators and Ripple’s recently established alliances, has ignited speculation among traders that XRP's value might surge towards the $10 threshold, contingent upon the continuation of the current bullish trend. At the time of reporting, XRP was changing hands at approximately $3.12, reflecting a 3.36% increase over the preceding 24 hours. Data on XRP price was obtained via Brave New Coin.
Market analysts point out that these significant reductions in exchange reserves historically correlate with substantial price increases, the diminished availability of tokens on exchanges often exacerbating upward price pressure. Bolstered by a wave of renewed optimism throughout the cryptocurrency market, partly fueled by the Federal Reserve's recent interest rate cut, XRP's current valuation is a testament to growing investor confidence.
Further examination of on-chain activity highlights a marked contraction in Coinbase's XRP reserves. Over the past three months, these reserves have been drastically reduced, shifting from a substantial 970 million to a mere 199.47 million. Such a dramatic decline, exceeding 90%, strongly indicates that significant investors, likely including large institutional players, are withdrawing their XRP holdings from exchanges, presumably for long-term safekeeping. This reduced supply of readily available tokens frequently precipitates a "supply shock" effect, a phenomenon historically linked to substantial price appreciation when demand for the asset increases. The dramatic 90% fall in XRP reserves on Coinbase has prompted warnings from analysts who suggest that this supply crunch has the potential to drive prices upwards towards the $10 mark, provided that buying momentum is sustained. Data obtained from John Squire via X underscores these points.
Historical trends appear to support this perspective. In August 2025, reporting from BeInCrypto showed that whales accumulated a staggering $3.8 billion worth of XRP, a move that preceded the price nearing its all-time high of $3.66 in July. Analysts caution that a similar dynamic may be developing currently, reinforcing the projections of a potential surge to the $10 level, provided that bullish sentiment remains prevalent in the market.
The current positive momentum isn't solely attributed to technical factors. Ripple, for instance, recently disclosed a collaborative venture with DBS Bank and Franklin Templeton, aimed at launching tokenized...