Ripple (XRP) has attracted strong bidding from derivatives traders, according to data from CryptoQuant. Aggressive taker buying volume, relative to aggressive selling, was at its highest level in 2026.
The taker’s buy-sell ratio tracks aggressive buying (or taker) volume relative to selling volume in perpetual swap markets. A rising metric denotes increased purchasing activity by takers, which tends to push up prices.
This influx of demand contributed to the modest rebound in prices of 5.35% in the last 24 hours. Dominant purchases even pushed the 7 days moving average of the ratio returning above 1.
Yet at the same time, the Coin Days Destroyed metric saw a significant spike, the largest since April. CDD tracks the volume-weighted age of coins spent over the course of a day. Higher CDD values imply that a high volume of previously dormant parts has been moved, likely to be sold.
It may also capture a wave of capitulation in the market. In this context, a rise in CDD alongside a price rebound suggests that holders have used the XRP price rebound above. $1.10 to take profits.
XRP Net Wallet Flows Turn Negative, Hinting at Accumulation
Against the backdrop of a near-term price rally and potential selling pressure from a wave of tokens being moved on-chain, evidence of accumulation has emerged.
Crypto analyst Amr Taha highlighted that the 7-day net wallet deposits/withdrawals fell to -6,210 on June 30. This negative number indicates a shift from a net XRP deposit environment to a net withdrawal environment.
The shift in wallet activity toward withdrawals does not necessarily confirm intelligent accumulation of money. AMBCrypto used the supply percentage held by the top 1% to understand whether large holders were accumulating in significant numbers.
The data showed that major holders distributed their holdings throughout June, with the percentage of supply under their control falling by 87.98% to 87.87%. As a reminder, since January, the measure has gone from 87.57% almost 88% at its peak in 2026.
The recently reported 1 billion XRP unlock has raised questions about whether the market can absorb the supply. So far, despite the selling pressure, the $1 no level of psychological support was ceded to the bears.
On-chain data slightly favored the accumulation angle, but market-wide sentiment and Bitcoin price action will also impact XRP trends.
Final Thoughts
- The XRP price surge has recently been accompanied by an increase in aggressive buying, but also a rise in CDD that has warned of selling pressure.
- Binance’s shift from net deposits to net withdrawals, for the first time since July 2025, was an encouraging sight for investors.
