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XRP exchange inflows top 6B tokens in 30 days, highest since March

More than 6 billion XRP flowed onto exchanges tracked by CryptoQuant in the 30 days to Oct. 19, the largest 30-day inflow since March. The data points to holders, including large whales, moving tokens to trading venues while whale activity shifts to the sidelines.

Original source

AI take

The signal here is less the volume itself than the direction of travel: tokens moving onto venues typically reflects holders positioning for liquidity rather than accumulation. That the surge coincides with whales stepping back makes the setup more fragile, since thinner large-holder participation can amplify moves in either direction. Whether the inflow is absorbed by demand or simply sits on order books is the open question, and the next read is whether exchange balances keep climbing or reverse.

Generated by AI for reference only.

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