XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines

Over the past 30 days, more than 6 billion XRP tokens were deposited into exchanges, marking the highest total since March. This surge in inflows has reached a seven-month high, with CryptoQuant reporting that 6.05 billion XRP were transferred to exchanges in the last 30 days, doubling since mid-August. The price of XRP surged from around $1 to $1.70 before correcting back to its current value of around $1.30.

This increase in exchange inflows could indicate a shift in asset movement towards exchanges, reflecting either heightened trading activity and liquidity or a rise in XRP movement between wallets and exchanges. However, on a larger scale, large investors, known as whales, are less actively moving XRP around. Whale outflows have hit a multi-month low, down 98.6% since reaching a peak of $3.5 billion in February 2025, after XRP's all-time high of $3.40.

Currently, the 90-day moving average for whale outflows stands at a mere $49.7 million, its lowest since October 2021.

This trend suggests that without the support of whales, XRP may struggle to attract new buyers. Meanwhile, Bitcoin investors have also withdrawn from the market in October, as Bitcoin traded within a range between $80,000 and $87,000. Onchain data from crypto analytics platform Glassnode reveals that profit-taking activities have cooled off for Bitcoin investors, with the realized profit/loss ratio dropping from 0.8 to 0.4 in just one week.

This shift in sentiment suggests a transition towards more cautious behavior and diminished aggressive spending, portraying a contrast to the earlier heightened activity.