A significant amount of xrp moving off exchanges suggests holders are moving to cold storage, potentially reducing selling pressure. however, the timing of the outflow, following a large inflow and near a local bottom, indicates potential strategic positioning rather than a universally bullish sentiment.
The outflow of xrp from exchanges, especially after a period of accumulation near a local bottom, can be interpreted as a bullish signal. it implies that traders are less inclined to sell and are potentially holding for a future price increase. historical data also suggests that such sentiment shifts can precede rebounds.
The data pertains to a very recent period (may 29-30), and the analysis discusses potential imminent reversals, suggesting a short-term focus for the price impact.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. 25.24 million XRP quietly left exchanges over the weekend, with on-chain data from Santiment highlighting this fact in a tweet. Advertisement According to Santiment, 25.24 million XRP moved off exchanges between May 29 and 30. This piece of information was reflected in a chart posted alongside Santiment's tweet. The peculiarity of the move is that it occurred immediately after a major XRP inflow to exchanges, with over 22 million tokens shifted. 📊 Right after the largest $XRP exchange inflow (+22.80M XRP) of the year happened Thursday, on-chain data indicates even more coins (-25.24M) have moved back off of exchanges since. 🤦 The massive flow of coins moving on to exchanges occurred right at the local bottom for… pic.twitter.com/ntzvOIEhUn — Santiment Intelligence (@SantimentData) May 30, 2026 Santiment indicated that XRP saw its largest exchange inflow of the year on Thursday, with 22.80 million XRP added, but a major coin outflow quickly offset this. It noted that right after the largest XRP exchange inflow of the year occurred on Thursday, on-chain data indicates that even more coins have moved back off exchanges since. Advertisement 22.8 million XRP were moved to exchanges on May 28 in a significant move as traders decided to sell at the bottom. HOT Stories XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges You Might Also Like Mon, 03/23/2026 - 12:54 XRP Futures Volume Surges 2,095% on CEX, Traders Exit Positions By Tomiwabold Olajide Santiment noted that the massive flow of coins to exchanges occurred right at the local bottom for XRP's price. This left many retail traders who decided to sell off at the lowest price in 15 weeks wishing they hadn't. XRP trading value is up a modest +5% since this capitulation day, Santiment noted. Advertisement XRP reversal imminent? As reported, on-chain data indicated that the average XRP trader who has been active in the past 30 days is down about 47%, with many selling at the bottom. This follows as XRP's 30-day MVRV fell to its lowest level since December 2020, with fear and frustration among traders reaching rare extremes. You Might Also Like Wed, 05/27/2026 - 06:15 XRP Hits $1.4B in ETF Cash By Alex Dovbnya Before the capitulation by XRP traders, XRP's crowd sentiment reversed to negative and the ratio of positive to negative commentary fell to just 1.1 bullish comments for every 1 bearish comment. The positivity in both scenarios is that these signals have usually preceded strong rebounds for XRP. If this is the case, traders are watching for an imminent reversal in XRP price leading to a rebound. At the time of writing, XRP was down 0.33% in the last 24 hours to $1.33. Ali, a crypto analyst, stated that he was watching the bottom of the rising channel at $1.34 as a potential buying zone for XRP. If this holds, XRP might target $1.37 and $1.40. #XRP News #XRP