Ripple’s XRP Sees Shift as Large Exchange Withdrawals Jump To 57.6%

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XRP continued to trade sideways on Saturday, holding steady after a rough week of intense selling pressure across the crypto market. 

Notably, the crypto asset slipped by almost 8% over the past seven days, as weaker demand and cautious investor sentiment weighed on digital assets.

Meanwhile, according to CryptoQuant analyst Amr Taha, XRP withdrawals have risen to around 57.6%, meaning more coins are leaving exchanges than entering. This suggests holders are moving assets into private wallets or holding them for longer periods, rather than keeping them available for trading.

On the contrary, deposit activity has decreased to about 42.4%, suggesting fewer coins are being sent back to exchanges. This can reduce the amount of XRP readily available for selling.

While this does not guarantee price gains, analysts often view sustained withdrawal trends as a sign that short-term selling pressure may be easing, since fewer tokens are immediately available on exchanges.

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This latest reading is notable as it mirrors a pattern seen in April, when similar withdrawal-heavy activity emerged while XRP traded in the same price range. At that time, withdrawal levels also spiked as XRP traded around the $1.30 zone. Trading observers are closely monitoring the pattern that has recurred near the current zone around $1.37 to determine whether history may repeat in market reaction.

Additionally, data from popular analytics platform Santiment Intelligence highlighted a surge in network activity, reporting that approximately 4,300 new XRP wallets were created within a 24-hour period. This spike ranks as the fourth-largest network growth event recorded in 2026 so far. 

According to the analytics platform, rapid increases in wallet creation and address activity can sometimes serve as early indicators of potential market reversals, as they often reflect renewed user engagement and fresh capital inflows into the network.

Meanwhile, popular analyst Ali Martinez reported that large holders accumulated more than 71 million XRP over the past week. Whale accumulation of this magnitude is typically viewed as a sign that high-net-worth investors or institutional-sized wallets are positioning for longer-term moves, rather than short-term trading fluctuations.

At press time, XRP was trading at $1.33, reflecting a 1.19% drop in the past 24 hours.