Engineers burn 10x more AI tokens for just 2x more output. Welcome to the backlash against tokenmaxxing. - Business Insider
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XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines
XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days. Key points:Rolling 30-day inflows to exchanges hit 6 billion XRP on Oct. 19, their highest value in seven months. The 90-day moving average of whale outflows fell to $49.7 million, its lowest levels in five years, as analysts see a lack of interest in the XRP/USDT pair. The realized profit/loss ratio has dropped 41% in October as rangebound trading conditions return. XRP whale interest absent as exchange inflows climb: AnalysisNew research from onchain analytics platform CryptoQuant reveals that on a rolling 30-day basis, XRP exchange inflows are at their highest since March. In the 30 days to Oct. 19, inflows totaled 6.05 billion XRP and have doubled since mid-August. During this time, XRP/USD increased from around $1 to a maximum of $1.70 before correcting to the current levels around $1.30. “The rise in total inflows to more than 6 billion XRP, reaching a seven-month high, signals a clear shift in asset movement toward exchanges.
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