Key Highlights The XRP Binance Scarcity Index surged into positive territory following persistent negative readings, driving Binance exchange reserves to multi-year lows. Data from CryptoQuant reveals the 30-day Simple Moving Average (SMA) of XRP reserves on Binance dropped to approximately 2.60 billion tokens, down from nearly 3.29 billion tokens a year prior. Despite an 18% ...
Key Highlights: Binance has withdrawn half of the bitcoin held in its Secure Asset Fund for Users (SAFU), reducing the balance from 15,000 BTC to just over 7,500 BTC. The capital deployment was part of a $6.34 billion recovery allocation drawn from SAFU, corporate treasury reserves, and the futures insurance fund following a major security ...
Key Highlights XRP trades near $1.29, slipping below its 50-day moving average and testing critical support between $1.25 and $1.26. On-chain data reveals rising exchange reserves and a drop in large whale wallets, signaling potential selling pressure. A newly triggered TD Sequential buy signal on the three-day chart suggests potential for a rebound if buyers ...
Key Highlights: Shiba Inu ($SHIB) recorded a net exchange inflow of 63.49 billion tokens as exchange reserves expanded to 87.11 trillion $SHIB. Technical indicators remain weak, with the Relative Strength Index (RSI) hovering near 40 following a retreat from the $0.00000600 level to support near $0.00000480. A confirmed bullish reversal will require a definitive breakout ...
Key Highlights: Binance has released its latest Proof of Reserves (PoR) update, outlining customer asset balances and backing ratios. The exchange verified that all client balances are collateralized on a 1:1 basis, with reserve ratios exceeding 100% across multiple tokens. The updated audit encompasses major cryptocurrencies including Bitcoin, Ethereum, USDT, and BNB, as well as ...
Key Highlights: Shiba Inu ($SHIB) exchange reserves surged to 88,076,900,000,000 tokens on October 3, reaching their highest point in four months. The massive reserve buildup coincides with a price retreat, with SHIB dropping nearly 3% over a 24-hour window. Market analysts interpret the sudden expansion of exchange supply as a bearish signal, suggesting weakening demand ...