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CryptoQuant data shows XRP whales dominate exchange outflows

Report cites CryptoQuant data that whales account for about 77% of XRP exchange outflows on a seven-day average while leveraged traders position for further weakness in Bitcoin.

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The contrasting flows point to a market where some large investors are shifting XRP off centralized exchanges even as leveraged traders position for further weakness in Bitcoin. CryptoQuant data shows whales accounted for about 77% of XRP outflows from centralized exchanges on a seven-day average.