XRP Could Surge 30% Following Mass Withdrawal of 35M Tokens from Trading Platforms
Historical data shows XRP outflow surges typically precede upward price movements, suggesting a potential rally could materialize in May if historical trends continue.
The XRP (XRP) token has experienced gains exceeding 30% over the previous three-month period, with emerging technical indicators and blockchain data pointing toward additional upward momentum for the XRP/USD trading pair in the near term.
Main highlights:
- Withdrawals from exchanges, bullish whale activity, and robust ETF interest strengthen XRP's positive price outlook.
- Technical wedge pattern indicates potential price appreciation of approximately 30% heading into June.
Approximately 35 million XRP withdrawn from exchanges supports bullish thesis
Data shows that as of Saturday, the XRP Ledger (XRPL) registered approximately 35 million XRP in tokens flowing out of exchanges within a 24-hour window, marking the sixth-highest single-day outflow recorded this year, based on information from Santiment.
Substantial withdrawals from exchanges generally indicate that market participants are transferring their holdings to personal wallets or custodial solutions, which decreases the supply of XRP readily accessible for trading purposes. Historical patterns from earlier in the year show these withdrawal surges have been followed by moderate price increases for XRP.
During March, a comparable increase in tokens leaving exchanges was followed by an approximate 20% recovery in XRP's market value. The outflow spike witnessed in February resulted in an even more pronounced price movement, with XRP climbing approximately 48–50%.
These historical patterns reinforce the perspective that the most recent withdrawal surge could result in elevated XRP valuations throughout May.
Additionally, spot XRP exchange-traded funds based in the United States have registered three straight weeks of positive net inflows, accumulating roughly $82.88 million through Saturday, based on SoSoValue statistics. This continuous influx has elevated total assets under management to $1.1 billion.
These figures point to growing institutional demand for investment products tied to XRP.
Bullish whale activity strengthens positive price outlook
Data from CryptoQuant reveals that XRP whale flows have turned positive as well, indicating that wallets holding substantial quantities are currently in accumulation mode instead of selling.
The 90-day moving average for XRPL whale flows has climbed back into positive territory following an extended period in negative range throughout the early portion of 2026.
Looking at past behavior, periods characterized by positive whale-flow metrics have come before more robust XRP price movements, including the upward trend observed from May through July 2025.
This directional change reinforces the wider accumulation trend already evident through exchange withdrawal data and ETF capital inflows.
Technical wedge pattern suggests potential 30% price increase ahead
The technical chart formation for XRP provides additional evidence supporting the bullish scenario.
Over the last two years, the XRP/USD pair has traded within a falling wedge pattern, characterized by two trend lines sloping downward while gradually converging. The token's April bounce from the wedge's lower supporting trend line now increases the probability of a move targeting the upper resistance boundary.
This projected target area corresponds with the 50-week exponential moving average and the 0.5 Fibonacci retracement level situated near $1.87–$1.89, representing approximately 30% gains from present price levels, with timing projected for June.
On the other hand, a definitive breakdown beneath the wedge pattern's lower supporting trend line would threaten to invalidate the optimistic technical outlook entirely.
Such a scenario would instead increase the likelihood of downward price movement toward the $0.98 level, which corresponds to both the wedge's apex point and the 0.786 Fibonacci retracement line.