Upbit and Binance Volume Surge…Is it a Sign of XRP Decline?

▲ Upbit, Binance, XRP/AI generated image ©

As XRP (Ripple) volume floods into major exchanges, increasing selling pressure, signals are being detected in the market that a short-term bearish trend may continue.

According to crypto media outlet Finbold on May 4 (local time), 53,658 XRP, worth approximately $74,584, flowed into Upbit in the last 24 hours. During the same period, 491,183 XRP were deposited into Binance, adding approximately $682,744 worth of volume to the market. An increase in exchange inflows typically signifies an expansion of sell-side liquidity.

On a cumulative basis, the trend of increased supply is clear. Upbit's holdings have increased by 509,458,973 XRP since February 2025, swelling to approximately $708 million, and currently holds a total of 6,495,312,375 XRP, accounting for 40.25% of the total exchange volume. Binance also saw an increase of 1,762,441,979 XRP during the same period, expanding to approximately $2.44 billion, and currently holds a total of 2,549,987,212 XRP.

This concentrated increase in supply on exchanges is acting as a factor that rapidly cools market sentiment. Given that these two exchanges account for a significant portion of daily trading volume, an increase in inflow volume is highly likely to directly lead to downward price pressure, according to analysis.

The short-term outlook is also conservative. Finbold's AI analysis suggests that XRP could trade around $1.39 by May 11. Technically, a multi-month corrective trend continues, with some experts believing that a full bullish cycle could begin after a drop to $0.95.

However, such bearish scenarios can be reversed at any time. If accumulation rather than selling occurs on Upbit and Binance, the current downward pressure could quickly ease, making changes in exchange supply and demand a key variable for determining future direction.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*