Crypto Exchanges

Story: XRP Drops Below RSI 30 as Binance Supply Hits 4-Month Low and ETF Inflows Top $1.45 Billion

By James Thorp

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Binance Supply Drops to 2.68 Billion Tokens. The on-chain data is probably the more interesting story here.

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Institutions Piling Into XRP ETFs. Here's where it gets genuinely interesting. Net inflows into spot XRP exchange-traded funds have…

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XRP is flashing some pretty loud buy signals right now. Whether traders actually listen is another question entirely.

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Analyst Ali Martinez went public with a call based on the Tom DeMark Sequential indicator, which just printed a buy signal on XRP's chart. Martinez also flagged a dip to $0.

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XRP's Relative Strength Index has slipped below 30.

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That's the oversold threshold. When RSI falls under that level, it typically means selling pressure has been heavy enough — and fast enough — that a short-term bounce becomes…

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The on-chain data is probably the more interesting story here. According to CryptoQuant, the amount of XRP sitting on Binance has fallen to roughly 2.

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Less XRP on Binance means less XRP ready to be dumped. That's basically the mechanical logic behind why exchange outflows often get read as bullish.

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The broader pattern of investors moving crypto off centralized exchanges has been building for a while across the industry.

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Here's where it gets genuinely interesting. Net inflows into spot XRP exchange-traded funds have surpassed $1.45 billion since these products launched at the end of 2025.

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The firms doing the buying aren't fringe players. Bitwise, Canary Capital, Franklin Templeton, 21Shares, and Grayscale have all been acquiring XRP to back their respective ETF…

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More context: Bitcoin Drops 15% in June as Fear Index Hits 12 and Binance Reserves Sink

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The fact that conservative financial entities — the kind that run pension allocations and structured products — are putting money into XRP rather than rotating back into Bitcoin…

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But the $1.45 billion figure is hard to argue with.

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And the contrast with Bitcoin and Ethereum ETF flows matters. Institutional money doesn't move randomly.

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