XRP Short-Term Holder Activity Shows Clear Shift Toward Lower Exposure – What’s Driving The Move?

TL;DR:

Despite the price of XRP holding above the $2 mark following a brief rebound earlier this week, sentiment across the market has not fully recovered. On-chain data shows that short-term holders are closing their positions and exiting the market, which reflects growing caution.

Key Points:

Background:

Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

Why It Matters:

This development could influence XRP price action and market sentiment in the near term.