XRP’s recovery above $1. 16 this week has coincided with a shift in the token’s supply picture, as large holders move fewer coins onto exchanges while US-listed exchange-traded funds continue to attract fresh capital. The retreat in exchange-bound supply follows weeks of consolidation around $1,...
Source: [CryptoSlate](https://cryptoslate.com/xrps-1-16-recovery-gets-support-from-whales-and-a-285-million-etf-streak/)