XRP ETF Inflows Hit $75M in April Amid Massive Whale Activity

XRP price is starting to show signs of a deeper shift, even if price action hasn’t caught up yet. Over the past few days, a mix of on-chain outflows, ETF accumulation, and whale activity has created a setup that analysts say the market isn’t fully pricing in.

According to Santiment, the XRP Ledger recorded 34.94 million XRP in exchange outflows, marking the 6th largest 24-hour outflow of the year. These large outflow events have historically been followed by bullish price action, as tokens leaving exchanges typically reduce immediate selling pressure.

This isn’t just retail movement either. Whale activity is dominating the flow. Large holders accounted for 94.4% of recent Binance outflows, showing that most of the movement is coming from big players. At the same time, whale transfers back to Binance rebounded to around 3,000 transactions on April 23–24, after dropping close to zero earlier, suggesting active repositioning rather than clear distribution.

XRP ETF Flows Are Telling a Different Story

While attention remains on Bitcoin and Ethereum, XRP’s institutional story is quietly strengthening. Data from SoSoValue shows that U.S. spot XRP ETFs now hold $1.08 billion, or 1.23% of the total supply.

In just one day, ETFs saw $3.89 million in inflows, driven primarily by the Franklin Templeton XRP ETF (XRPZ). But the bigger picture matters more; over $75 million has flowed into XRP ETFs in April, with no meaningful outflows since April 9, aside from a minor $661K dip.

As one market observer noted, “XRP ETFs quietly pulling in $75M in April while everyone watched BTC and ETH… that disconnect doesn’t usually last long.” The steady inflows with minimal noise suggest long-term positioning rather than short-term speculation.

Adding to this trend, Tuttle Capital has filed for an XRP Income Blast ETF, showing continued expansion in institutional exposure.

Ripple XRP Price Holds While Pressure Builds

Despite these strong underlying signals, XRP’s price remains range-bound. It recently tested resistance before pulling back to around $1.43, holding above the key $1.40 support level.

Staying above this range keeps the path open for a move toward $1.50–$1.51, with further upside targets at $1.54 and $1.60 if momentum builds. On the downside, a break below $1.38 could push XRP toward $1.35 or even $1.30.