XRP exchange activity hits record lows as traders step back
XRP exchange transactions hit record low; price holds near $1.40.
XRP trades near $1.40 after a volatile week. On-chain data shows user activity on major exchanges has dried up.
- CryptoQuant reports the Multi-Exchanges Daily Depositing and Withdrawing Transactions Delta for XRP is at the lowest level since tracking began across 15 exchanges. This metric counts transactions, not coin volume source.
- The dataset highlights user behavior. More deposit transactions often precede selling pressure. Fewer transactions often mean coins move off exchanges into private wallets, a pattern seen in quieter phases CryptoQuant, NewsBTC on user behavior.
- XRP transaction counts on exchanges have plunged. Fewer participants are interacting with exchanges right now, pointing to a quieter market backdrop source.
- Context from the same analysis. XRP is down over 60% from its highs. The last big deposit spike came in January 2025 near $3. Binance leads exchange activity source.
Price structure remains weak. XRP trades below the 50D, 100D, and 200D MAs, all sloping down.
$1.30–$1.35 acts as support after the February wick to ~$1.20. The falling 50D MA near $1.60 caps upside for now.
A close above $1.60 would improve momentum and open room toward $1.80–$2.00.
