⬤ XRP exchange-flow data is flashing a clear slowdown in dip-buying pressure. Outflows fell from roughly 71 million to 42 million XRP, meaning traders are pulling fewer tokens off platforms than during the prior spike - though net withdrawals remain sizable. For context, XRP exchange outflows surged 330% in early January as holders aggressively moved coins off platforms, making the current step-down all the more notable.
⬤ The “XRP: Exchange Net Position Change - All Exchanges” chart tells the story visually. The right edge of the timeline shows bars turning deeply negative, with one session near -71M followed by a smaller -42M reading. Earlier in the period, many sessions logged positive net changes, meaning inflows dominated before the late reversal into heavier withdrawals. The cooling is clear - peak outflow pressure has passed, at least for now. As the analyst noted, “the strongest wave of withdrawals has come down from its peak, but XRP is still in a withdrawal regime.”
The strongest wave of withdrawals has come down from its peak - but XRP is still in a withdrawal regime.
⬤ Price action during the flow swing looked relatively contained, with the overlay line holding around $14.3. Large outflows followed by a smaller outflow while price stays stable points to dip-buying activity losing steam rather than accelerating. This connects to a broader trend: XRP exchange balances have already dropped to 1.6 billion, the lowest level since 2018, which adds weight to every new wave of withdrawals.
⬤ Exchange net position change is a real-time gauge of how quickly tradable supply moves on or off platforms. A step-down from 71M to 42M in outflows signals reduced urgency in recent accumulation behavior. If outflows keep fading, it likely means cooling demand at lower prices. If they re-accelerate, it would point to a renewed push to reduce exchange-held supply - a dynamic worth watching alongside XRP’s SOPR hitting the 1.0 breakeven level as exchange supply falls, raising the question of whether this is accumulation or consolidation.
XRP Exchange Outflows Drop From 71M to 42M as Dip-Buying Momentum Fades
⬤ XRP exchange-flow data is flashing a clear slowdown in dip-buying pressure. Outflows fell from roughly 71 million to 42 million XRP, meaning traders are pulling fewer tokens off platforms than during the prior spike - though net withdrawals remain sizable. For context, XRP exchange outflows surged 330% in early January as holders aggressively moved coins off platforms, making the current step-down all the more notable.
⬤ The “XRP: Exchange Net Position Change - All Exchanges” chart tells the story visually. The right edge of the timeline shows bars turning deeply negative, with one session near -71M followed by a smaller -42M reading. Earlier in the period, many sessions logged positive net changes, meaning inflows dominated before the late reversal into heavier withdrawals. The cooling is clear - peak outflow pressure has passed, at least for now. As the analyst noted, “the strongest wave of withdrawals has come down from its peak, but XRP is still in a withdrawal regime.”
⬤ Price action during the flow swing looked relatively contained, with the overlay line holding around $14.3. Large outflows followed by a smaller outflow while price stays stable points to dip-buying activity losing steam rather than accelerating. This connects to a broader trend: XRP exchange balances have already dropped to 1.6 billion, the lowest level since 2018, which adds weight to every new wave of withdrawals.
⬤ Exchange net position change is a real-time gauge of how quickly tradable supply moves on or off platforms. A step-down from 71M to 42M in outflows signals reduced urgency in recent accumulation behavior. If outflows keep fading, it likely means cooling demand at lower prices. If they re-accelerate, it would point to a renewed push to reduce exchange-held supply - a dynamic worth watching alongside XRP’s SOPR hitting the 1.0 breakeven level as exchange supply falls, raising the question of whether this is accumulation or consolidation.