🔗 Crypto & Blockchain

XRP Sees Massive Exchange Outflows: Is a 30% Surge Coming?

Forget the hype for a sec. Millions of XRP tokens are disappearing from exchanges, and for old hands like me, that's a signal. The question is, what kind of signal?

XRP/USD daily chart showing price trends and exchange outflows.

⚡ Key Takeaways

  • Nearly 35 million XRP tokens were withdrawn from exchanges in 24 hours, the sixth-largest outflow of the year. 𝕏
  • Historically, large XRP exchange outflows have preceded price rallies. 𝕏
  • Spot XRP ETFs have seen consistent net inflows totaling $82.88 million over three weeks. 𝕏
  • XRP whale flows have turned positive, indicating accumulation by larger wallets. 𝕏
  • Technical analysis suggests XRP could rise 30% towards $1.87–$1.89 if it stays within its falling wedge pattern. 𝕏
Ibrahim Samil Ceyisakar
Written by

Ibrahim Samil Ceyisakar

Founder and Editor in Chief. Technology entrepreneur tracking AI, digital business, and global market trends.

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Originally reported by Cointelegraph

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