XRP Whales Absent as Exchange Inflows Hit 7-Month High
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XRP Ecosystem
- Price: $1.32 (1.92%)
- Top Crypto Comparisons:
- $0.08123 (2.66%) - DOGE
- $0.3309 (0.06%) - TRX
- $12.20 (2.48%) - LINK
- $1,217.05 (8.07%) - ZEC
- $0.2219 (2.33%) - ADA
Market Trends
XRP 30-day exchange inflows surpass 6 billion tokens, reaching a seven-month high. This surge comes amid a decline in whale interest, as evidenced by a falling 90-day moving average of whale outflows to $49.7 million—the lowest in five years.
Key Insights:
- Rolling 30-day XRP inflows hit a seven-month peak of 6 billion on October 19th.
- Inflow volumes have doubled since mid-August, with XRP/USD reaching a maximum of $1.70 before correcting to around $1.30.
- CryptoQuant analysis suggests increased trading activity or liquidity on exchanges, or a shift in XRP movement between wallets and exchanges.
- The 90-day moving average of whale outflows has decreased 98.6% since its February 2025 peak, indicating a lack of whale support for XRP.
- Bitcoin's rangebound price action in October has led to reduced profit-taking, as evidenced by a 50% drop in the realized profit/loss ratio, according to Glassnode.
Written by:
- William Suberg, staff writer
- Charles Bennett, staff editor