XRP Exchange Outflows Hit 34.94M on April 24, 2026

• XRP Ledger recorded 34.94M exchange outflows on April 24, 2026, the 6th largest 24-hour period of the year.
• Large outflows happen when holders transfer $XRP from exchanges to private wallets for long-term storage.
• Historically, these large outflows have corresponded with upcoming bullish price action for XRP.

On April 24, 2026, the XRP Ledger recorded 34.94 million $XRP in exchange outflows, marking the 6th-largest 24-hour outflow period of the year. This significant on-chain activity reflects investors moving tokens from exchanges to private wallets, a trend that has historically preceded bullish price action for $XRP.

According to Santiment data, the XRP Ledger recorded a major on-chain event, with 34.94M $XRP in total exchange outflows within 24 hours. This ranks as the 6th-largest daily outflow recorded so far this year, highlighting one of the most significant token movements away from centralized exchanges in recent months.

Source:X

This metric tracks tokens moving from centralized exchanges to external wallets, typically for self-custody or cold storage, and is widely interpreted as investor accumulation rather than short-term trading activity.

Large exchange outflows occur when investors and institutions deliberately transfer XRP from centralized trading venues into non-custodial or cold-storage wallets. This mechanism directly reduces the circulating supply available for immediate selling pressure on order books.

By moving tokens off exchanges, holders demonstrate conviction in long-term value rather than short-term trading, effectively tightening available liquidity and often creating conditions favorable for price appreciation when demand remains steady or increases.

In 2026’s maturing market environment, where institutional participation continues to grow, such on-chain behavior carries greater significance, as it reflects strategic positioning by sophisticated market participants with deeper insight into XRP’s utility in cross-border payments and real-world asset ecosystems.

Historical analysis by Santiment confirms that days featuring outsized XRP outflows have repeatedly aligned with subsequent periods of bullish price performance. This pattern emerges because reduced exchange balances limit potential sell walls and signal accumulation phases.

For instance, according to Santiment and multiple analysts, similar large outflow events, including spikes in February and March 2026, were followed by 20–50% price rebounds in subsequent weeks. As of April 25, 2026, XRP is trading at $1.43, up 0.11% over the last 24 hours, with a market cap of $88.21B, showing minimal immediate reaction to the 34.94M outflow.

Meanwhile, market watchers are now evaluating whether this latest major outflow will replicate historical patterns and drive renewed upward momentum for XRP in the coming weeks. However, the combination of shrinking exchange reserves, ongoing whale accumulation, and reported institutional ETF inflows could create a supply-demand imbalance that favors buyers.

While not a guarantee, the historical pattern strongly suggests these accumulation signals often mark the early stages of upward momentum, especially when paired with reduced sell-side liquidity. Therefore, if this trend continues and broader market conditions remain supportive, analysts are watching for a breakout toward $1.51 and beyond in the near term.

Related: XRP Price Prediction: XRP Drifts To $1.38 as Heavy Outflows Persist and RSI Flashes Warning