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The market is awaiting a major economic news event that will move the XRP price.
The low level of whale flow indicates that large players are not sending significant amounts to exchanges. This directly suggests that active selling pressure on the whale side is weak. The absence of aggressive supply increase on the liquidity side is very positive for #XRP price. However, the lack of sales does not necessarily mean there is demand. Both conditions need to be met for an upward movement. In other words, just a low whale flow is not enough to push the price higher. It only creates an environment where selling pressure that would decrease the price is absent. This generally indicates more stagnation and sideways movement.
The fact that this flow is coming from an exchange with high volume and intensive institutional use makes the data more meaningful. Because a significant portion of large players conduct their transactions on such deep liquidity platforms. Therefore, the low flow observed here is not just a general chain data; it also reflects behavior in the main liquidity areas where real transactions can occur. #Ripple
This sideways, negative trend in price movement may be waiting for news that will generate volume in the market.
⚠️ #advertisement or investment advice. This analysis is my personal opinion. It does not guarantee certainty.