XRP is holding steady between $1.30 and $1.50 despite a weak altcoin market. While price charts show stagnation, on-chain data tells a different story.
Since late February, Binance has seen a surge in XRP outflows - not through large institutional moves, but via thousands of small to mid-sized withdrawals. These transactions, mostly in the 1,000 to 100,000 XRP range, point to retail and semi-institutional investors pulling coins off exchanges.
Analyst Darkfost highlights this as a sign of deliberate accumulation - reducing sell-side liquidity and hinting at potential future upside. Yet, whether this buildup can push XRP beyond its established range remains uncertain.
The base may be forming. The breakout hasn't come yet.