XRP Sees First Exchange Inflow in Four Weeks

Overview: Exchange Inflows Return to XRP

XRP registered its first confirmed net inflow to exchanges in roughly four weeks, a notable shift after a period of sustained outflows. The resumption of capital flowing back onto trading platforms suggests renewed selling pressure among a portion of holders, even as large addresses continued to build positions.

As of November 2025, XRP is trading in a narrow range near the $2 mark. Market participants are weighing two competing forces: short-term liquidation and retail selling versus accumulation by large holders and ongoing optimism driven by regulatory developments earlier in 2025.

What the Exchange Inflow Signals

Exchange net inflows occur when more tokens are deposited to exchange wallets than withdrawn. This metric is widely monitored because inflows often precede increased on-chain sell volume and can reflect deteriorating conviction among holders.

Key takeaways from the recent inflow:

• After several weeks of net outflows, XRP exhibited a clear reversal in exchange flows, indicating that some investors are positioning to sell.
• The timing of inflows alongside a downtrend suggests participants may be taking profits or scaling down exposure as volatility rises.
• Short-term exchange inflows are typically associated with weaker immediate support levels and can precede sharper downside moves if selling accelerates.

Contextualizing the Move

While the inflow is meaningful in a short-term technical sense, it must be read alongside other on-chain and market indicators. Notably, institutional-size wallets continued to accumulate during the same week, highlighting a divergence between retail and whale behavior.

Whales Accumulate — A Counterweight to Selling

Large holders — commonly referred to as whales — increased their XRP balances in the most recent week, adding over one billion XRP to addresses that typically hold between 10 million and 100 million tokens. This accumulation represents a significant vote of confidence from the largest cohort of holders and provides potential support for prices in the medium term.

Why whale accumulation matters:

• Whales can act as quasi-support zones. When large addresses add to positions, they reduce available free float and can absorb some selling pressure.
• Institutional or whale buying often reflects longer time horizons; their activity can precede sustained recoveries even as retail-driven flows remain volatile.
• Heavy accumulation by a concentrated group carries its own risk: coordinated large sell-offs from the same cohort could have outsized price impact if sentiment flips.

Price Technicals and Short-Term Scenarios

At current levels, XRP is testing support near $2. The recent inflow increases the probability of a test of this nearby floor, but ongoing whale accumulation complicates a straightforward bearish interpretation.

Two primary near-term scenarios have emerged:

• Bullish scenario: Strengthened ETF-related expectations and sustained whale buying lift sentiment. Price recovers toward $2.28, and a successful break above this level could target the next resistance near $2.36. This path depends on renewed buying interest and positive headlines that catalyze demand.
• Bearish scenario: Exchange inflows accelerate, retail selling increases and external catalysts (e.g., regulatory delays or adverse macro moves) pressure prices downward. A slide back to $2.00 would invalidate a short-term recovery thesis and could trigger stop-loss clusters below that level.

Indicators to Watch

Market participants should monitor:

• Exchange net flows — sustained inflows increase selling risk.
• Large-address balance changes — continued accumulation supports the bullish case.
• Order book depth and bid-ask spreads on major venues — thinning bids expose price to sharper drops.
• Open interest and derivatives funding rates — rapid growth in short positions or negative funding can amplify declines.

Regulatory and Macro Backdrop in 2025

The broader regulatory and macro environment shaped much of crypto market behavior in 2025. A series of procedural updates from financial authorities globally removed certain administrative bottlenecks for structured products and filings, accelerating some issuers’ ability to pursue exchange-traded offerings.

Market participants interpreted these changes as supportive for crypto assets, particularly for those with clear institutional narratives. However, regulatory adjustments have not removed all uncertainty: timing and approvals still vary by jurisdiction, and implementation details can produce short-term volatility.

Macro factors in 2025 also played a role:

• Improving liquidity conditions and a gradual easing of interest rates in several major economies helped risk appetite across asset classes.
• Bitcoin’s performance continued to dominate headlines, often dictating broader crypto correlations and capital flows into altcoins.
• Heightened geopolitical news and periodic macro shocks continued to create episodic market stress that tested correlations and liquidity.

Why ETF Expectations Influence XRP

Exchange-traded products and institutional access routes have a structural effect on demand. When the market anticipates easier or quicker pathways for institutional investment, assets perceived as eligible or likely to benefit often see more interest from long-term capital allocators.

For XRP, the narrative in 2025 included increasing attention to institutional channels and potential products that could broaden the investor base. Even anticipatory price action — without immediate approval — can lift sentiment for assets tied to that narrative.

Market Implications for Traders and Investors

Given the mixed signals — exchange inflows vs. whale accumulation — market participants should consider the following practical points:

• Maintain clear risk limits. Use position sizing and stop-losses aligned with account risk tolerance; a near-term break below $2.00 could accelerate short-term declines.
• Watch on-chain signals closely. Swift changes in exchange flows or large-holder behavior can alter the risk landscape quickly.
• Consider time horizon. Short-term traders may favor nimble strategies; long-term investors might view current whale accumulation as an opportunity to dollar-cost average.
• Monitor macro headlines and regulatory developments. Announcements that change the timeline for institutional products can produce outsized moves.

MEXC Perspective: Balancing Opportunity and Risk

From a platform and market services standpoint, MEXC encourages informed participation. The current setup presents both potential entry points for those with a longer horizon and cautionary signs for short-term traders—particularly given the recent switch back to exchange inflows.

Traders using MEXC services should ensure they:

• Validate liquidity and slippage expectations across spot and derivatives markets before executing large orders.
• Use available order types to manage execution risk, including limit orders, OCO (one-cancels-the-other) setups, and defined stop-loss levels.
• Stay informed via market news and on-chain indicators to anticipate abrupt shifts in supply-demand dynamics.

Outlook Through the Remainder of 2025

For the rest of 2025, XRP’s trajectory is likely to be influenced by a blend of on-chain activity, institutional narrative momentum, and macro liquidity conditions. If institutional access pathways continue to gain clarity and large holders maintain accumulation, XRP could stabilize and stage a measured recovery.

Conversely, if exchange flows remain elevated and selling pressure intensifies—particularly from smaller holders—the token may revisit nearby support levels. Traders should prepare for both potential outcomes and adapt exposure as new data arrives.

Key Watchpoints for the Coming Weeks

• Whether exchange inflows remain a short-lived event or turn into a multi-week trend.
• Direction and pace of large-address accumulation — sustained buying would be a bullish signal.
• Any regulatory or institutional product announcements that change market access dynamics.
• Macro developments that could rapidly alter risk appetite across crypto markets.

Conclusion

XRP’s first exchange inflow in four weeks represents a meaningful short-term development against a backdrop of significant whale accumulation. The interplay between renewed selling pressure and concentrated buying will likely determine price action in the near term. Market participants should monitor exchange flows, on-chain metrics and broader regulatory signals to inform trading and investment decisions as 2025 progresses.

Disclaimer: This post is a compilation of publicly available information.
MEXC does not verify or guarantee the accuracy of third-party content.
Readers should conduct their own research before making any investment or participation decisions.