XRP exchange deposits surged to 6.05 billion tokens in 30 days ending October 19, the highest in seven months, with Binance receiving 2.46 billion XRP. Despite this, whale withdrawals from Binance fell to a five-year low, signaling less large-holder movement. Meanwhile, demand for XRP ETFs weakened, with net outflows ending a 13-week inflow streak, reflecting cautious market sentiment. These trends suggest increased XRP activity on exchanges but uncertain selling pressure as market demand softens.
XRP trades at Rp23.429 on Pluang as of Oct 20, 2026 19:51 WIB, with a market cap of Rp1.470,48T and a 1-day decline of 0.73%. Despite the surge of 6.05 billion XRP tokens flowing to exchanges recently, Pluang data shows a balanced order activity with 40% sell and 60% buy, indicating mixed investor sentiment. The typical hold time on Pluang is 72 days, suggesting moderate-term interest amid the recent whale activity and ETF demand changes.
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On-chain data reveals that XRP outflows from Binance to large holders have dropped to their lowest level in five years, with a 90-day moving average of about $49.7 million as of October 20, 2026. This slowdown contrasts sharply with peaks seen in ear...
