
The dramatic drop in XRP's reserves on Coinbase, plummeting to record lows, showcases a community united in protest against the exchange’s handling of regulatory challenges. As XRP holders move towards self-custody, the potential for a supply crunch is emerging. Less supply amid rising demand could create an upward pressure on prices, favoring those holding XRP in the long run. Coinbase Global, Inc. ($COIN) might find its revenue stream from USDC at risk, even as it grapples with community backlash. When exchanges resist regulations not for user protection but for profit, the repercussions can be significant. #XRP #Crypto ⬇️

