Crypto’s sell pressure is outweighing buying interest for another month as most altcoins lose institutional capital. The sideways pattern in XRP, Ether, and Solana (SOL) follows a liquidity trend favoring sellers. XRP price struggles continued into another week, recording a 2% loss over seven days and similar losses over the month.
XRP Bearish Flow Dampens Optimism
Crypto analysts flagged rising XRP offloads, spiking selling pressure amid extremely negative sentiment. CryptoQuant data show this among centralized exchanges’ transactions, alongside liquidity movements, in the same period.
In particular, Binance Cumulative Volume Delta (CVD) points to a shortfall in sustained bullish interest in the asset, heightening crypto market fears. The metric assesses whether a price trajectory matches liquidity flows and measures the net between inflows and outflows.
Binance is key to the data because of its trade volume across several top cryptocurrencies by market capitalization. The CVD is at -6.93 million, highlighting recent dumping and price declines. As a result, XRP price plunged to $1.10 from high points above $3.
Last year, the asset toppled USDT to become the third-largest crypto by market capitalization, but is now ranked sixth. The 30-day average is relatively stable, although not a sign of a bullish recovery, with negative whale activity. XRP is down 2.5% over the last month, with retail exiting positions at the start of Q2.
 
“The continued presence of the CVD in negative territory, combined with the lack of a meaningful improvement in the confirmation score, increases the likelihood of weak short-term momentum. Conversely, any sustained recovery in the CVD could provide the first indication of renewed buying demand and fresh liquidity entering the market.”
On the flip side, traders have recorded positive sentiments this year, highlighting the bull case scenario. In May, wallets holding approximately 10 million XRP accumulated more coins, showing whale dominance while absorbing small traders.
For most crypto enthusiasts, it marked the anticipated pivot from consolidation to expansion. While multiple signs of a breakout were recorded, bulls crumbled below the support line, crippling the medium-term outlook.
Last week, XRP spot data flipped green on Binance as figures soared to $406 million from $42 million in May. The asset posted double-digit gains, building on recoveries in other altcoins.
In the long run, institutional investors remain pivotal to upside for XRP this quarter and look set amid relatively improved macro factors.
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