XRP Accumulation Phase Evident as Korean Exchange Outflows Surge

News Flash 2026-03-21 07:45

XRP is showing signs of entering an accumulation phase as exchange outflows rise across South Korean platforms. Data from CryptoQuant indicates that investors have been moving XRP off exchanges like Upbit since December 2025, reducing near-term sell pressure. This trend often aligns with early-stage accumulation phases that precede upward price movements. The shift in exchange flows coincides with a reversal in whale activity, as the 90-day average whale flow turned positive after a prolonged period of net selling. This suggests that large holders are beginning to accumulate XRP again, a pattern historically linked to trend reversals and subsequent rallies. The current market structure, characterized by declining exchange balances and positive whale flow, supports a gradual accumulation without sharp volatility spikes. Market participants are closely monitoring the $1.60 resistance level, where previous rejections occurred. A sustained move above this level could confirm a continuation of the upward trend, while failure to break through may extend the current consolidation phase.

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