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Crypto

XRP Exchange Wallets See Net Outflows Amid Accumulation Signs

Guavy AI Editorial Team
Instruments
XRP
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XRP exchange wallets have seen net outflows, indicating potential accumulation by investors. This pattern mirrors previous trends before XRP's price rallies in May and June.

Despite trading in a tight range around $1.05-$1.07, XRP has maintained its historic streak above $1 for 627 days, supported by strong network activity and growing institutional interest.

If exchange outflows continue, XRP could face reduced supply on exchanges, potentially leading to another price surge.

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