According to CoinGlass data, $XRPrecorded $115.02 million in spot outflows in the last 24 hours, which represents $XRPwithdrawn from exchanges in the said timeframe. This exceeded spot inflows, which came in at $99.41 million, resulting in a negative net spot flow of -280.65%.

The $XRPoutflow suggests that investors are removing their coins from exchanges, which suggests accumulation and long-term holding rather than short-term selling, and may b