$XRP is seeing its biggest exchange exodus since February 2021. Binance alone has shed ~650M coins (down 20%) since November 2024.
Monthly inflows hit a record low of 3.6M — which typically signals capitulation is done. The sellers have already sold.
This doesn't predict the exact timing of a reversal, but the supply overhang that traders kept citing as a ceiling? It's largely cleared out now.
When coins leave exchanges at this pace and new selling pressure dries up, you're often looking at a setup where the next wave of demand faces thinner resistance.
Monthly inflows hit a record low of 3.6M — which typically signals capitulation is done. The sellers have already sold.
This doesn't predict the exact timing of a reversal, but the supply overhang that traders kept citing as a ceiling? It's largely cleared out now.
When coins leave exchanges at this pace and new selling pressure dries up, you're often looking at a setup where the next wave of demand faces thinner resistance.