Bitrue Sees Record XRP Buying as Bitcoin ETF Outflows Reach $3.8B

XRP spot purchase volumes on cryptocurrency exchange Bitrue surged by 212% between Feb. 23 and Feb. 24, marking one of the largest short-term increases in XRP accumulation on the platform in recent months.

The spike was primarily driven by retail demand, which accelerated during the two-day period and created a clear imbalance between buyers and sellers.

This concentrated buying pressure can tighten available supply in the near term if sustained, particularly in markets where sell-side liquidity has already been reduced by earlier liquidations.