XRP inflows to Binance saw a significant decline in May, coinciding with continued uncertainty in the cryptocurrency market According to the data, XRP inflows to Binance reached only 215 million XRP in May, marking their lowest level since the beginning of 2026, with an estimated value of approximately $292 million.

This marked decrease in XRP inflows to the world's largest exchange reflects a relative decline in selling activity or transfers to centralized exchanges, potentially indicating reduced short-term selling pressure compared to previous months, which saw much higher inflows. Increased inflows to exchanges are typically associated with investors’ intent to sell or trade, while a decrease suggests a greater tendency to hold assets off-exchange.

The data also indicates that XRP inflows have been gradually declining since the beginning of the second quarter, coinciding with relative price stability and lower volatility compared to previous periods. This could indicate that the market is entering a calmer phase, with less rapid speculation and longer holding periods.

While a decrease in inflows is not necessarily a direct bullish signal, it often reflects a decline in immediate selling intent, especially when accompanied by price stabilization or a gradual price increase. Furthermore, the continued historically low levels of XRP inflows may support the notion of tightening short-term supply.

Written by Arab Chain