XRP exchange inflows reach 6 billion tokens in 30 days, whale outflows at 5-year low

XRP inflows to exchanges rose sharply over the past month, reaching a seven-month high as more than 6 billion tokens moved onto trading platforms. This surge in deposits comes at a time when outflows from large holders, known as whales, have dropped to their lowest levels in five years. Recent analysis from CryptoQuant, a leading onchain data provider, shows that rolling 30-day inflows to exchanges reached 6.05 billion XRP as of October 19. This level has not been seen since March, with inflow volume doubling since the middle of August.

Source: CoinTurk News