XRP Spot Flows Drop Puts Whale Activity in Focus, $1.40 Next?

XRP fell to a low of $1.29 at press time, extending a drop from Sunday's session; its price now awaits the next move, down 0.24% in the last 24 hours. XRP price retreated from October 21's $1.39 high, dropping to a low of $1.253 on October 24 before rebounding and settling into a range. As XRP awaits a significant move, an onchain metric is putting whale activity into the spotlight. According to CoinGlass data, XRP spot flows fell 6,319.62% within a 12-hour timeframe, with spot outflows surpassing inflows. Spot inflows were reported to be $53.85 million while outflows were $54.67 million, resulting in a drop of 6,319.62% in the said timeframe.

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