XRP Crypto Holders Pull Coins Off Exchanges, On-Chain Data Signals Supply Shock

XRP crypto is trading at $1.32, and while the price chart looks fragile, the on-chain data underneath it is telling a different story. Chain’s scarcity indicator for XRP on Binance has hit 0.59 – its highest reading since 2024 – as coins leave exchanges at a pace that is mechanically compressing the available sell-side pool.The magnitude is not subtle. On March 10 alone, approximately $738 million w…