XRP Selling Pressure Hits Record Low as Investors Hold On
XRP's selling pressure has reached an all-time low as Binance exchange inflows have dropped significantly, indicating that investors are choosing to hold rather than sell.
CryptoQuant analyst Darkfost pointed out that XRP inflows to Binance have hit their lowest level on record, averaging just 3.6 million XRP per month.
This decline in exchange inflows suggests that sellers are running out of tokens to sell, and the market may be entering a consolidation phase where buyers absorb selling pressure.
The data shows that whale behavior has changed, with large holders moving fewer XRP tokens into Binance. In fact, exchange outflows have reached record highs, indicating that more investors are taking their XRP off exchanges and storing it in private wallets.