XRP News Today: Bitcoin Reaches New Highs Amid 89% Drop in Exchange Inflows

Bitcoin reached unprecedented highs this week, while experiencing its lowest daily exchange inflows in over a decade, signaling remarkably low selling pressure according to Cryptoquant research. This significant drop in coins moving to exchanges, where selling typically occurs, indicates minimal immediate selling pressure from new capital flows entering trading platforms. Large bitcoin holders also show restraint, with the daily volume of bitcoin sent to centralized exchanges in batches of 100 BTC or more drastically declining from 62,000 BTC on November 26, 2024, to just 7,000 BTC currently.

Similarly, ethereum exhibits low selling pressure. Daily ETH inflows into exchanges stand at 584,000 ETH, the lowest since October 2024 and down sharply from 1.57 million ETH in February 2025. This inflow decline coincided with an 87% ETH rally since early April. Cryptoquant researchers also tracked significantly reduced activity from XRP whales. Daily large holder inflows to exchanges peaked at 1.1 billion XRP in February 2025 but have since fallen 85% to just 169 million XRP, indicating these major holders are largely refraining from selling.

Finally, total daily transactions sending altcoins into exchanges remain muted at just 21,000. This contrasts sharply with spikes near 120,000 seen during previous local price tops in March and December 2024, reinforcing Cryptoquant’s assessment of a prevailing low-pressure environment across the broader crypto market. The lack of selling pressure can be attributed to several factors. One possible explanation is the growing institutional interest in cryptocurrencies. As more traditional financial institutions and investors enter the market, they are likely holding onto their assets for the long term, contributing to the stability and reduced selling activity.

Additionally, the increasing adoption of cryptocurrencies as a legitimate asset class by governments and regulatory bodies may also be playing a role in this market calm. The regulatory clarity and acceptance of cryptocurrencies can instill confidence in investors, leading to a more stable market environment. Another factor contributing to the low selling pressure could be the shift in investor sentiment. Many investors who previously viewed cryptocurrencies as speculative assets may now see them as viable investment options with long-term potential. This change in perspective can lead to a more cautious approach to selling, as investors are more inclined to hold onto their assets in anticipation of further price appreciation.

Furthermore, the development of new technologies and use cases for cryptocurrencies, such as decentralized finance (DeFi) and non-fungible tokens (NFTs), may also be driving this trend. As the ecosystem around cryptocurrencies continues to evolve, investors are likely to see greater value in holding onto their assets, contributing to the overall market calm. The unusual market calm documented by Cryptoquant raises questions about the future trajectory of the cryptocurrency market. While the current environment may be favorable for investors, it is essential to consider the potential risks and uncertainties that could arise. For instance, the market could experience a sudden surge in selling pressure if investors perceive a change in regulatory policies or if there is a significant shift in investor sentiment.

Additionally, the emergence of new competitors or technological advancements could disrupt the market and lead to increased volatility. In conclusion, the record highs and record-low selling pressure observed in the cryptocurrency market highlight a period of unusual calm. This phenomenon can be attributed to various factors, including growing institutional interest, regulatory acceptance, and a shift in investor sentiment. However, it is crucial for investors to remain vigilant and consider the potential risks and uncertainties that could impact the market in the future. As the cryptocurrency ecosystem continues to evolve, it will be essential to monitor these developments closely and adapt to the changing landscape.