XRP is showing potentially bullish signals in exchange activity ahead of the Federal Reserve’s October 28 interest-rate decision. Withdrawal transactions are approaching their August highs, while deposit shares are nearing previous lows, indicating that withdrawals account for a growing proportion of exchange transactions. XRP Withdrawals Approach August Highs as Exchange Deposits Decline XRP’s exchange transaction mix is shifting toward withdrawals, providing a potentially encouraging signal for the token’s supply dynamics. On October 25, withdrawals accounted for 55.75% of XRP deposit and withdrawal transactions on Binance, approaching the August 18 high of 56.75%. Across centralized exchanges, the withdrawal share reached 54.
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