XRP's 10% On-Chain Metric Surge Signals Heightening Sell Activity
Analysis
Price Impact
MedThe article indicates an increase in xrp held on exchanges, which historically suggests potential selling pressure. however, this is happening alongside a price surge, creating conflicting signals.
Trustworthiness
MedThe data comes from a reputable analytics platform (cryptoquant) and is based on on-chain metrics. however, the interpretation of on-chain data can be subject to nuances and the future price action is explicitly stated as uncertain.
Price Direction
NeutralThe news presents a dichotomy: an increase in exchange reserves typically signals bearish sentiment (selling), but this is occurring while the price is experiencing a notable daily surge, indicating bullish momentum. the article concludes that it's uncertain how long the price rebound could last.
Time Effect
ShortThe data and observations relate to the last 24 hours, and the immediate implications of increased exchange reserves are typically short-term indicators of potential selling.
Original Article:
Article Content:
Cover image via U.Today Exchange reserve soars past 2.77 billion XRP XRP supply expands Advertisement The broad crypto market has seen a sudden flip in investor sentiment as the prices of leading cryptocurrencies, including XRP, have seen notable daily increases. Amid the rising bullish momentum, XRP’s exchange activities have taken a contrary twist, showing signs of increased sell pressure despite an ongoing price surge. On Thursday, Feb. 26, crypto analytics platform Cryptoquant provided on-chain data from the XRP Ledger, revealing a 10.58% increase in the XRP exchange reserve over the last 24 hours. HOT Stories Morning Crypto Report: XRP Reclaims Key 200-Week Support, Bitcoin Briefly Hits $47,511 in $8 Million Mistake, USDC on Cardano Hits First Big Milestone Crypto Market Review: Will XRP Hold Support Line? Bitcoin Hides Severe Price Divergence, Ethereum (ETH) Bounces in Attempt to Recover $2,000 Exchange reserve soars past 2.77 billion XRP The data further revealed that the total XRP held on exchanges like Binance and others have surged to about 2,778,900,000 XRP worth a massive $3.98 billion. This marks a 7.29% increase in the asset’s exchange reserve over the last 24 hours. Advertisement It is important to note that increases in exchange reserves are often a strong signal of bearish sentiment. It typically means that more tokens are being moved to crypto trading platforms, which is most likely a precursor to selling activity. You Might Also Like Thu, 02/26/2026 - 14:54 XRP Sees Cautious Optimism in US Spot XRP ETF Flows, Up $6 Million in 2 Days By Gamza Khanzadaev The surge in the XRP exchange reserve comes as a surprise as the asset is currently trading in bullish territory, showing a notable daily price surge. Advertisement Nonetheless, investors selling off their assets at a time like this suggests that they may be positioning their assets for potential liquidation. XRP supply expands Following the sharp increase in the XRP exchange reserve, the data further showed that its exchange supply share has surged notably by 7.22%. This surge in the exchange supply indicates that a growing proportion of circulating XRP is now sitting on exchanges rather than in private wallets. Nonetheless, the current XRP price action could be largely attributed to investors' sentiment as sustained exchange activity often precedes volatility-driven breakouts. Thus, it is currently uncertain how long the ongoing price rebound could last. #XRP #XRP Price Prediction #Binance