XRP spot exchanges see $820K net outflow in 12 hours; whale accumulation claims premature
- —12-hour XRP inflows totaled $53.85M versus $54.67M in outflows
- —The ~$820K net outflow does not show who received the tokens
- —XRP fell from $1.39 on Oct. 21 to $1.253 on Oct. 24
- —Ripple and Aviva launched a tokenized share class of a £22B sterling fund
Why it matters: A small net outflow without wallet-level data is weak evidence of whale buying, so traders should rely on longer flow series.
Source: TokenPost