The XRP market is currently witnessing a significant shift in investor behavior, marked by a substantial outflow of 200 million XRP from exchanges, particularly Binance, over the past ten days. This movement suggests a pivot from short-term speculation towards private custody and long-term holding, even as the cryptocurrency navigates a challenging market environment characterized by weak demand and persistent selling pressure.
Investor Exodus Signals a Potential Accumulation Trend
Despite a fragile broader crypto market and a prevailing cautious sentiment, the recent withdrawal of XRP from centralized exchanges is a notable development. According to a CryptoQuant report, tracking exchange reserves provides crucial insights into investor intentions. A rise in exchange reserves typically indicates readiness to sell, increasing market supply. Conversely, declining reserves suggest assets are being moved to private wallets for long-term storage, signaling stronger conviction among holders and a reduced willingness to sell at current price levels. The 200 million XRP exodus from Binance, representing a decrease in its supply ratio from 0.027 to 0.025, aligns with this pattern of accumulation rather than distribution. This behavior implies that a segment of XRP holders is positioning for potential future recovery, seeing current levels as discounted entry points.
XRP's Price Struggles Amidst Key Technical Levels
From a technical standpoint, XRP has faced considerable headwinds, showing a clear downtrend on weekly charts since mid-2025, following a rejection near the $3.30-$3.50 range. The price continues to trade below major moving averages, which now serve as dynamic resistance points, further highlighting a lack of strong buying conviction. While the cryptocurrency is attempting to stabilize around the $1.40 mark, sustained upward momentum remains elusive. Reduced trading volumes, in comparison to previous impulsive rallies, also point to waning speculative interest. Key price levels to watch include immediate support in the $1.30-$1.40 zone, with significant resistance expected between $1.80 and $2.00. A decisive reclaim of these higher levels, coupled with increased volume, would be essential to signal a shift from the current consolidation or downside risk towards a more robust recovery.
