Last week, XRP holders moved a lot of tokens onto centralized exchanges—then pulled them right back out. Santiment reported a net inflow of 22.80 million XRP on May 28, the largest single-day deposit of 2026. But that was quickly reversed: over the next two days, 25.24 million XRP left exchanges, flipping the exchange flow balance negative. The moves come as XRP's price slipped from a weekly high near $1.36 to the $1.26 zone, a roughly 6% pullback.
Why traders are watching the $1.13–$1.21 band
That price range has caught analysts' attention. Multiple TradingView contributors describe the $1.13–$1.21 area as a demand floor—a spot where prior selling pressure was absorbed. For now, XRP sits above that zone. On the upside, local resistance runs between $1.40 and $1.50. The timing of the exchange flow data suggests some traders may have taken profits near the weekly high, then reconsidered. But it's hard to say who's buying on the pullback.
The ETF narrative lingers
XRP's price has been tied to speculation around a potential spot ETF. While no filing has been approved yet, the narrative remains a variable that could support prices if momentum builds. It's not new—but it's not dead, either.
LiquidChain presale keeps raising
Separately, LiquidChain ($LIQUID) continues its early-stage presale. The Layer 3 infrastructure project, priced at $0.01465, has raised $820,000 to date. LiquidChain's pitch is to fuse liquidity from Bitcoin, Ethereum, and Solana into a single execution environment. That's a big promise for a project still in presale—but the concept has attracted attention amid the broader push for cross-chain interoperability.
