Monas Financial research highlights a bullish technical signal for XRP driven by a divergence between exchange reserve flows and broader market performance.
The primary catalyst is a net outflow of 4,197,733 XRP (-0.146%) from exchange wallets tracked on Binance, OKX, and Bybit over the last 24 hours. This data point, derived from the exchange-reserve-flow pool, indicates that XRP is leaving the three major liquidity venues without a corresponding inflow to any single exchange. According to the research mechanism, this broad-based transfer to self-custody reduces the liquid supply available for immediate spot selling, creating upward pressure on the asset.
This accumulation thesis is further validated by price action. XRP recorded a 24-hour price change of +1.53%, making it the only major cryptocurrency in the pool to post a gain while Bitcoin, Ethereum, Solana, Avalanche, and Chainlink remained flat or negative. The research mechanism suggests that this divergence indicates XRP-specific demand rather than a general market rally, confirming that the exchange outflows are likely driven by accumulation rather than transfer for other purposes.
Source: DefiLlama daily exchange reserve flow data for Binance, OKX, and Bybit
What would change this read
The bullish thesis would be invalidated if XRP exchange balances were to reverse to a net inflow exceeding 2 million tokens within the next 24 hours, or if the current price momentum were to reverse to negative while other major assets continue to perform positively, signaling that the outflows were not driven by accumulation.
