3 On-Chain Signals Suggest XRP Price Is Nearing a Bottom After 60% Crash

Core Insights - The XRP price has experienced a significant decline of 60% from its peak of $3.65 in July 2025, briefly reaching $1.11 before stabilizing around $1.50, indicating a severe market reaction [2][9] - Despite the price drop, three on-chain signals suggest that selling pressure may be diminishing, pointing towards potential accumulation rather than capitulation [3] Group 1: Exchange Balances - XRP exchange balances have decreased sharply from 3.76 billion tokens in October 2025 to approximately 1.7 billion by February 2026, marking a reduction of about 55% over four months, indicating a significant outflow of coins from exchanges [5][7] - Historical patterns show that similar outflows have preceded major price reversals, with large holders (whales) accumulating over 3 billion XRP since October, suggesting a potential bottom formation [6][7] Group 2: ETF Inflows - Despite the price crash, XRP ETFs have seen steady inflows, accumulating more than $1.37 billion since their launch in November 2025, indicating continued investor interest [10] - XRP's funding rates on Binance have dropped to -0.028%, a 10-month low, reflecting extreme bearish sentiment; however, similar conditions in the past have led to significant price rallies [9]