XRP witnesses significant exchange outflows totaling $288 million. The cryptocurrency’s price finds support above the $2.15 mark, indicating a consolidating trend. This situation reflects a mixed market sentiment as traders hold nearly equal long and short positions. There has also been a noticeable decline in trading volume. The drop in exchange balances suggests a strategic shift by investors as they transfer funds to private wallets, possibly to avoid selling pressure. Observers note that while the current price movements are stabilizing, investor sentiment remains cautious amidst broader market volatility. Understanding these dynamics is crucial for navigating the evolving crypto landscape.