Today's data
XRP on exchanges24.71 B XRPExchanges, 7 days−96.9 MExchanges, 30 days+54.6 M
What is measured
A flow is XRP entering or leaving the known wallets of an exchange. Net flow is what came in minus what went out. Moves between wallets of the same exchange do not count.
Why XRP may leave
- Customers withdrawing to their own wallet.
- A transfer to another exchange, which cancels out in the total.
- The exchange moving XRP to a wallet of its own that is not yet known.
- A transfer to a custody company, for example for XRP ETFs.
Only the first case resembles what is usually called accumulation, and the ledger cannot always tell them apart.
And when XRP comes in
It is usually read as intent to sell, but that is not certain either. It can be a transfer between exchanges, a deposit to trade other coins or a wallet reorganisation.
How to read it well
- Look at several days: a single day can be an isolated move.
- Compare the total: who is accumulating XRP shows each exchange's change over 7 and 30 days.
- Check the destination: open the wallet that received the XRP.
- Add context: the daily summary brings together price, whales and flows.
What the figure does not say
It does not say who bought and it does not predict the price. The figures are also a minimum, since only known wallets count. To find out what each wallet is, start with the guide to tracking whales. None of this is investment advice.