This Ripple (XRP) Metric Flashes Critical Warning Sign

Key Points

1. XRP's 90-day moving average whale flow has turned negative, indicating sustained outflows from major wallets.

2. XRP's July rally saw a 70% increase, briefly reaching $3.40, but this may have been a bull trap.

3. On-chain data shows a decline in exchange reserves from 3.02 billion to 2.3 billion since July 24, alongside a 44% surge in the NVT ratio.

4. XRP is currently trading at $3.30, up 10.8% in 24 hours and 42% monthly, but concerns remain about a deeper correction.

5. Institutional adoption is increasing, with South Korean custodian BDACS launching XRP custody services.