Marina Lyubimova
⬤ XRP saw a massive spike in exchange outflows during the first week of January while price action stayed strong. Exchange outflows climbed from roughly 8.9 million XRP on January 1 to around 38.5 million XRP by January 6—a 330% increase. The surge happened right as XRP price was pushing higher, showing that holders were pulling their coins off exchanges rather than dumping them into the market.
⬤ Price charts show XRP breaking above $2.30 in early January before settling into consolidation. Even with prices at elevated levels, outflows kept climbing. This tells us holders weren't cashing out during the strength—they were actually moving tokens into cold storage or private wallets. That behavior pulled available supply off exchanges right when you'd normally expect people to be selling, which helped keep prices stable after the initial pump.
⬤ The data shows XRP managed to push through a key supply zone while outflows were accelerating. Instead of creating sell pressure at resistance, XRP holders did the opposite—they absorbed buying demand and held their positions. This lack of distribution helped prevent the sharp reversal that often follows rapid price advances.
⬤ For crypto traders watching market conditions, exchange outflows are a key metric for gauging holder sentiment and near-term liquidity. When outflows rise alongside stable or climbing prices, it signals reduced selling pressure ahead. Fewer coins sitting on exchanges means tighter supply, which can amplify price moves in either direction. The early January XRP outflow pattern offers solid insight into how on-chain behavior supported the recent price action.
Marina Lyubimova
