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.”

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.