XRP Exchange Inflows Spike To End 2025: Will Price Decline Deepen?

[Ben Graham]

On-chain data shows XRP has seen a significant value on the Binance Exchange Inflow during the last couple of weeks, a sign that may be bearish for the asset’s price.

XRP Binance Exchange Inflow Has Shot Up To End 2025

As pointed out by Darkfrost in a CryptoQuant Quicktake post, the Exchange Inflow has been elevated for XRP recently. The “Exchange Inflow” is an indicator that measures the total amount of the asset that investors are depositing into wallets connected with a given centralized exchange.

When the value of the metric is high, it means traders are moving large amounts from self-custodial wallets to the exchange. As one of the main reasons why holders deposit to these platforms is for selling-related purposes, this kind of trend can have bearish implications for the token’s price.

On the other hand, the indicator being low suggests that demand for transferring coins to the exchange is low among the investors. Depending on whether withdrawals are also occurring, such a trend may be neutral or bullish for the cryptocurrency.

Now, here is a chart that shows the trend in the XRP Exchange Inflow for the Binance platform over the last few months:

As displayed in the above graph, the XRP Binance Exchange Inflow was at relatively muted levels between October and the first half of December, suggesting exchanges weren’t receiving that many deposit transactions. This trend flipped starting December 15th, however, as the indicator witnessed a surge. Its value has since maintained above 35 million tokens, with a particularly sharp peak of 116 million coins coming on the 19th.

The analyst has noted that the shift in investor behavior points to “a move toward profit taking for older positions, as well as capitulation and loss selling from more recent entrants.” The surge in the Exchange Inflow has arrived as the XRP price has plunged under the $2.0 level. The fact that these deposits have been sustained could be a reason why the coin has been unable to make much recovery.

“If this selling pressure continues, the current correction could not only extend in time but also deepen further,” noted Darkfrost. It now remains to be seen how the Exchange Inflow will develop as 2026 arrives.

The Exchange Inflow provides just one way to gauge selling pressure in the market. Another method is through tracking the supply attached to the whales. As analyst Ali Martinez has highlighted using data from on-chain analytics firm Santiment in an X post, the big-money XRP investors have seen their supply go down recently.

From the chart, it’s visible that XRP whales have shed 40 million tokens recently, showcasing that large investors have been in a phase of net distribution.

XRP Price

At the time of writing, XRP is trading around $1.87, down almost 3% in the last week.