XRP Rises 30% As Exchange Flows Out, Hits 35M Tokens In One Day
XRP (XRP) has rallied more than 30% in the past three months, and fresh technical and on-chain signals suggest that the XRP/USD pair may be higher in the future.
XRP/USD Daily Chart. Source: TradingView
Main Receptors:
Exchange flows, positive whale flows and strong ETF demand boost XRP's bullish outlook. Wedge setup sees price rise roughly 30% in June.
It adds up to a foreign currency holding of around 35 million XRP
As of Saturday, the XRP Ledger (XRPL) recorded a foreign exchange outflow of nearly 35 million XRP in the past 24 hours, the sixth largest daily outflow of the year, according to Santiment.
Large exchange flows in particular suggest that investors are depositing tokens into private wallets or escrows, which immediately reduces the amount of XRP available for sale. Earlier this year, these spikes preceded modest rallies in XRP price.
The XRP Ledger exchange is issued with the price of XRP. Source: Santiment
In March, the same exchange rate in XRP was already about 20%. February's surge in outflows was followed by an even stronger move, with XRP rising by around 48&–50%.
Those conditions reinforce the view that a recent surge in outflows could lead to higher XRP prices in May.
Also, US-based spot XRP ETFs have seen three consecutive weeks of net inflows, totaling $82.88 million as of Saturday, according to SoSoValue data. The streak raised total assets under management to $1.1 billion.
XRP ETF Weekly Net Flows. Source: SoSoValue
This indicates an increase in institutional appetite for XRP products.
Positive whale currents reinforce reversed emotions
According to CryptoQuant data, XRP whale flows have turned positive, with large wallets now accumulating instead of distributing.
The 90-day moving average of XRPL well flows has moved back above zero after spending most of early 2026 in negative territory.
XRP Well Flow 30DMA. Source: CryptoQuant
Historically, positive whale flow regimes have preceded strong XRP price trends, including the May to July 2025 rally.
The shift supports the broader stock narrative that is already evident in currency outflows and ETF inflows.
The XRP wedge setup hints at the next 30% rally
The technical structure of XRP supports the upside.
The XRP/USD pair has had a rough ride over the past couple of years. April support from the lower trend line now raises the chances of a move to the upper bound.
XRP/USD Weekly Chart. Source: TradingView
That target zone would agree with the 50-week EMA and 0.5 Fibonacci retracement near $1.87–$1.89, about 30% from current levels, in June.
Related: XRP holders return to profits as price sees 55% breakout
Conversely, a decisive break below the wedge's lower trendline can derail the bullish narrative entirely.
Instead, by aligning with the wedge tip point and the 0.786 Fib line, the price could raise the odds to $0.98.
