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XRP exchange wallets see net outflows, signaling possible new accumulation phase before price rally.

Technical Signals
06 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP is showing signs of entering a critical accumulation phase as exchange wallet balances have turned negative, with withdrawals from major platforms like Coinbase and ByBit exceeding deposits. This pattern mirrors previous trends before XRP's rallies in May and June, suggesting potential for renewed price momentum. Despite trading in a tight range around $1.05-$1.07, XRP has maintained a historic streak above $1 for 627 days, supported by strong network activity and growing institutional interest. If exchange outflows continue, XRP could face reduced supply on exchanges, potentially leading to another price surge.

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