XRP uptrend holds despite over 200 million tokens moving to exchanges

Beincrypto reports that over 200 million XRP moved to exchanges in 2026, increasing short-term selling pressure while long-term holders continue accumulating and helping preserve a broader uptrend.

Exchange balance data shows holdings on centralized platforms have risen by roughly 206 million tokens since January began, bringing total exchange balances near 1.66 billion XRP. At current prices, that movement represents about $430 million being positioned for sale in less than two weeks, a pattern the report says has capped upside momentum.

The article notes that HODLer Net Position Change has printed stronger green bars since early January, indicating older wallets are absorbing some sell-side pressure. At the time of writing, XRP trades near $2.11, holding above $2.10 support and maintaining an upward structure; mixed signals mean it could either form higher lows or enter a $2.10–$2.20 consolidation if selling intensifies, while a slowdown in exchange inflows could pave a path toward $2.20 and $2.31, with a return to around $2.50 described as possible but uncertain.

Key Topics

Crypto, Xrp, Centralized Exchanges, Exchange Balances, Hodler Net Position, Glassnode