XRP Slides Below $1.32 as Exchange Inflows Hit a Seven-Month High

The breakdown matters because it shows where the supply is landing. Binance absorbed the largest share at roughly 2.46 billion $XRP, about 40.7% of the total. Bybit took in about 580.31 million, OKX 557.13 million, Upbit 544.48 million, Bitget 284.52 million, KuCoin 55.24 million and Gate 29.47 million. In dollar terms, 6.05 billion $XRP at $1.31 is just under $7.93 billion in tokens that moved toward venues where they can be sold quickly.

The inflow spike arrives against a steadily declining price. The chart below plots $XRP’s daily close over the trailing 30 days: the token has printed lower highs since late September, sliding from $1.57 down to the current $1.31 area.

Why Inflows Don’t Automatically Mean Selling

CryptoQuant is explicit that the metric is not a sell signal. “It should be noted that an increase in $XRP inflows to exchanges does not necessarily mean that investors are preparing to sell,” the analyst writes, adding that “interpreting this indicator becomes more accurate when compared with $XRP’s price action, trading volume, and exchange outflows.”

The distinction is more than semantics. A transfer to an exchange can reflect custody moves, active trading, or wallet reshuffling — not a decision to dump. And the scale, while large in absolute terms, is a modest slice of the float: 6.05 billion tokens equals roughly 9.6% of the 63.1 billion $XRP in circulating supply. A market that absorbed nearly a tenth of its circulating supply landing on venues in a single month, and only gave up about 16% from its September high, is not showing the hallmarks of a supply cascade.

The exchange-side picture is also softened by what is happening on the fund side. U.S. spot $XRP ETFs were the demand story this autumn, though that streak cooled in recent days: the funds ended a 13-week run of consecutive weekly inflows in mid-October, a shift BlockchainReporter covered when spot $XRP ETFs ended their 13-week inflow streak. With both daily ETF flows and price softening, the $1.30 level has become the line in the sand.

The Levels That Matter Now

On the technical side, $XRP’s immediate floor is the October 22 intraday low of $1.30, which also marks the 24-hour low across major venues. A break below it opens the way toward the October 18-19 lows near $1.29, the weakest prints of the month. On the upside, $1.37 — the October 22 high — is the first resistance, and above that sits the $1.40 round number where $XRP has repeatedly failed over the past week.

These levels are drawn from the observed 24-hour and weekly ranges, not from a forecast. A daily close back above $1.37 would be the first sign that the inflow wave has been absorbed; a close below $1.29 would suggest supply is still clearing. Neither outcome is guaranteed by the flow data alone, which is the point CryptoQuant makes when it insists the indicator be read next to price and volume rather than in isolation.

The Wider $XRP Picture

Away from the order books, two threads frame the next several weeks. The $XRP Ledger’s fixCleanup3_4_0 amendment lost the validator support it needed to activate on schedule, pushing the network’s cleanup change later into November and underscoring that the ledger’s own upgrade cadence runs independently of the token’s price. Meanwhile, $XRP remains the asset at the center of Ripple’s long-running regulatory fight with the SEC, which continues to shape how institutions weigh the token.

For a longer horizon, the $XRP price prediction case rests on a different set of drivers — ETF flows, ledger utility, and the resolution of the SEC dispute — rather than the month-to-month movement of tokens onto exchanges. The inflow print is a snapshot, not a verdict.

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Data: CoinGecko, Binance, CryptoQuant.