Bitcoin has experienced a modest recovery after several weeks of persistent selling pressure, allowing the asset to stabilize as broader market sentiment begins to improve. While volatility remains elevated across the crypto market, XRP has recently shown signs of short-term relief, with price action attempting to consolidate after an extended period of downside movement. The shift comes as analysts begin to examine on-chain data for clues about how supply dynamics within exchanges may be evolving. Related Reading: The $73,000 Test: Crowded Shorts And Negative Funding Fueled Bitcoin’s 15% Recovery According to CryptoQuant data, exchange reserve metrics can provide valuable insight into market behavior by tracking how assets move between private wallets and trading platforms
source: https://www.newsbtc.com/xrp-news/post-crash-purge-xrps-60-valuation-reset-meets-a-record-low-in-exchange-liquidity/