CryptoQuant data showed a sharp increase of roughly 2.71 billion XRP moving through exchange flows, signaling a pause in net demand after a period of heightened activity, according to the analytics platform’s dashboard reviewed this week.
The spike reflects a surge in XRP transfers to and from centralized exchanges, a pattern often associated with short-term repositioning rather than sustained accumulation. While inflows and outflows rose, the metric did not point to a clear continuation of demand growth, suggesting traders may be taking profits or waiting for clearer directional signals. Such pauses are common after large volume bursts, particularly following volatile price moves.
Attention now turns to whether exchange flows normalize or tilt decisively toward net inflows or outflows in coming sessions. Analysts will be watching follow-through data on CryptoQuant to assess if demand resumes or if XRP enters a consolidation phase while the market digests the recent spike.
Source: CryptoQuant.
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