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XRP exchange wallets add 84M tokens in 3 days, raising selling pressure concerns amid price recovery attempts.

Market News
16 Oct 2026
Coinpaper
View Source
Neutral
XRP exchange wallets add 84M tokens in 3 days, raising selling pressure concerns amid price recovery attempts.

Nearly 84 million XRP tokens were added to exchange wallets over three days, increasing total exchange holdings to 22.06 billion XRP. This rise, led by Binance, does not necessarily indicate imminent selling as it could reflect custody transfers rather than sell orders. XRP's price hovered near $1.30, with trading volumes declining, making the market sensitive but uncertain about actual sell pressure. Future price direction depends on whether these increased exchange balances lead to real transactions or stabilize with demand.

The recent increase in XRP tokens on exchanges adds an interesting layer to its current market activity. On Pluang, XRP is trading at Rp24.162 with a 3.20% gain over the past day as of Oct 16, 2026 18:21 WIB. Trading volume remains robust at Rp36,79 trillion, and the platform shows a buying interest with 62% of orders as Buys, while typical holders keep their XRP for about 72 days. Meanwhile, Binance Coin (BNB) also sees positive movement, priced at Rp13.135.682 with a 1.77% increase.

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