On X, crypto enthusiast X Remi Relief X has issued a strong warning regarding what he describes as an unfolding “XRP supply shock,” urging holders to remove their XRP from centralized exchanges. According to his statement , there is a growing risk to those who continue to leave their tokens on trading platforms, as exchange reserves of XRP are depleting despite the absence of either retail or institutional FOMO activity. Remi emphasized that the current low supply of XRP across major exchanges is not a sign of increased trading demand but rather a structural vulnerability that could have serious consequences in a market rally. He claims that the lack of XRP availability presents a significant issue for holders whose assets remain on exchanges. However, he views the situation as a major opportunity for those who have already moved their XRP into personal wallets, especially cold storage, due to the likely price increase that results from heightened demand against shrinking available supply. Referencing a past quote from Ripple CEO Brad Garlinghouse, Remi pointed to the economic principle of high demand and low supply driving up prices. Concerns Over Lending Practices and Exchange Liquidity The crypto commentator also raised specific concerns about lending practices carried out by centralized platforms. He asserted that many exchanges lend a single unit of XRP to multiple users simultaneously—estimating that one token might be loaned to four or five different account holders at the same time. While not citing an exact figure, he warned that such over-leveraging creates a potential collapse scenario, especially if multiple users attempt to withdraw their XRP during a market spike. In such an event, Remi believes the exchanges will be unable to fulfill all withdrawal requests. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 He explained that when platforms face these kinds of liquidity crises, their common response is to freeze accounts and delay access under various pretexts. According to Remi, exchanges may cite issues with Know Your Customer (KYC) documentation, bank delays, or other identity verification problems, requiring users to submit personal information that could take weeks—or even months—to process. During that time, the market may experience rapid upward movement, leaving affected users unable to participate in the bull run. Risks of Platform Insolvency and the Need for Self-Custody He warned that in worst-case scenarios, if an exchange is insolvent or collapses entirely, users could lose their funds. To avoid these risks, Remi reiterated his recommendation to keep assets on exchanges intended for short-term selling. All long-term holdings, he argued, should be moved to private wallets. Recommended Wallets and Additional Guidance Responding to questions from his followers about safe storage solutions, Remi named three cold wallet options he uses: Ledger, Trezor, and Tangem. Of the three, he identified Tangem as the most user-friendly, citing its ability to support assets like XDC and HBAR without requiring third-party applications. He also recommended two YouTubers, Crypto Scrilla and Crypto Dad, as reliable sources for wallet tutorials and setup instructions. X Remi Relief X’s warning adds to a broader conversation around self-custody and crypto exchange reliability. His post underscores the ongoing tension between convenience and control in the digital asset market and reflects mounting concern over potential liquidity challenges in the next phase of crypto price acceleration. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit Warns XRP Holders of Impending Supply Crisis, Proffers Viable Solution appeared first on Times Tabloid .
