XRP exchange activity has shifted sharply even as the token continues to trade near $1.10.
CryptoQuant data shared by crypto commentator Xaif (@Xaif_Crypto) highlights a significant change in where net wallet flows are concentrated. The move comes as spot XRP ETFs continue to outperform several major digital assets.
Xaif noted that “Coinbase dominance just crashed from ~28% to 1.8%.” The commentator also said “Bittrex is soaking up almost 30% of all net flows,” before adding that “flows are moving before price does.”
something odd going on with XRP exchange flows 👀
Coinbase dominance just crashed from ~28% to 1.8%. meanwhile Bittrex is soaking up almost 30% of all net flows a level it's never hit in months 🔥
price is still stuck at $1.10 though… flows are moving before price does 👀… https://t.co/NVsETg9S8o pic.twitter.com/u0K6NUqIqp
— Xaif Crypto (@Xaif_Crypto) July 10, 2026
Bittrex Records Its Highest Share in Months
The CryptoQuant chart tracks 7-day net wallet flow dominance across leading exchanges. It measures each exchange’s share of total net XRP wallet flows rather than price performance.
The latest reading shows Bittrex holding 29.7% of net flows, the highest level on the chart. Coinbase followed the opposite trend. After accounting for roughly 20% to 30% of net flows for much of the period, its share dropped sharply to 1.8%.
Binance Remains Stable as Other Exchanges Shift
Binance remained relatively consistent throughout the period, showing resilience after the notable drop in April. It also experienced some swings in June, but its latest share stands at 13.9%, with only modest changes compared with the large shifts recorded by Coinbase and Bittrex.
Several other exchanges, including Crypto.com, Gate.io and Bitfinex, accounted for much smaller portions of net wallet flows. Together, the chart shows a clear rotation in activity across trading venues while XRP’s price continues to hover near $1.10.
XRP ETF Demand Continues to Build
The exchange flow data follows another positive development for XRP. Recent digital asset fund data showed XRP ETFs avoided the outflows recorded by Bitcoin, Ethereum and Solana ETFs during the latest reporting period.
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XRP also extended its streak of positive institutional demand, with XRP ETFs recording more than eight consecutive weeks of inflows. That trend contrasts with the recent withdrawals seen across several larger digital asset investment products.
Exchange Activity Remains Ahead of Price
The latest exchange flow data and continued ETF inflows measure different parts of the market, but both show sustained activity around XRP. ETF flows reflect investor allocations into regulated investment products, while exchange wallet flows track movements across trading platforms.
For now, XRP’s price has remained at $1.10 despite the sharp change in exchange flows dominance. Even so, the latest CryptoQuant data show Bittrex has become the leading venue for net XRP wallet flows while Coinbase’s share has fallen significantly.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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