Skip to content

XRP 30-day exchange inflows exceed 6B

CryptoQuant reported that 6.05 billion XRP flowed into exchanges in the 30 days to Oct. 19, the highest rolling 30-day total in seven months. It said the rise could reflect more trading and liquidity, or transfers between wallets and exchanges; the inflows alone do not establish selling.

CryptoQuant also said the 90-day moving average of XRP whale withdrawals from exchanges fell to $49.7 million, its lowest since October 2021, suggesting weaker interest from large investors. Separately, Glassnode reported that Bitcoin’s realized profit/loss ratio fell from 0.8 to 0.4 over the past week as profit-taking eased.

Source

Share