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Multiple bullish signals have emerged for Ripple’s XRP since the start of October, BeInCrypto reported, citing CryptoQuant data.
Between Sept. 26 and Oct. 4, XRP holdings on Binance and Upbit fell by a combined 104.7 million XRP, while recent whale flows to exchanges also showed net outflows dominating, according to the analysis. U.S. spot XRP ETFs posted net inflows for a 12th straight week. The outlet added that Evernorth, which holds about 473 million XRP, is set to list on Nasdaq on Oct. 8.