XRP exchange flows rotate as whale activity drops 50% while options stay bullish amid softer adoption

CryptoQuant analyst Amr Taha identified a rotation in XRP exchange activity: Bybit’s prolonged deposit imbalance eased while Binance and Coinbase shifted toward net withdrawals, and transaction‑delta data indicated reduced selling pressure across major exchanges ^{[1] [2]}.

Whale flows into XRP have slowed sharply since early May — reportedly down roughly 50% — even as options traders have been positioning for a rebound toward the $1.40 area, suggesting large holders are less active on‑chain while derivatives markets show continued bullish interest ^[3].

Separately, reporting flagged weakening Ripple adoption signals and softer network activity, adding a counterpoint to the calmer exchange selling and options positioning ^[4].

Taken together, on‑chain exchange flows point to cooled selling pressure after Bybit’s deposit streak ended around May 16 and withdrawals rose at Binance and Coinbase, but slower whale flows and signs of weakening adoption leave the outlook mixed as options markets show continued speculative positioning ^{[1] [2] [3] [4]}.