More than 25 million tokens left exchanges, while May ETF inflows reached $118 million, pointing to tighter available supply and continued investor demand.
XRP held above $1.10 after falling to a four-month low near $1.09, with on-chain and fund-flow data suggesting selling pressure may be easing. More than 25 million XRP moved off exchanges, a pattern traders often read as a sign of reduced near-term sell intent because fewer tokens remain readily available for trading. At the same time, ETF inflows totaled $118 million in May, indicating continued investor appetite even as the token tested recent lows. Together, the exchange outflows and fund allocations point to a market trying to stabilize after a sharp decline.