XRP Sees 212% Purchase Spike as Buyers Top Sellers 2x on Bitrue

XRP-3.48%

XRP demand is accelerating on Bitrue as the exchange reports increased institutional participation, driving triple-digit trading growth and sustained inflows, amid ongoing ETF-related investment activity.

XRP Buying Frenzy: 212% Surge Overwhelms Sellers on Bitrue

Rising institutional demand is fueling bullish momentum for XRP as market participation accelerates. Crypto exchange Bitrue posted on social media platform X on Feb. 26 that it is seeing a sharp rise in XRP activity, pointing to increased inflows, with XRP exchange-traded fund (ETF) activity developing concurrently.

“Bitrue has recorded a spike in XRP activity as institutional appetite grows,” the crypto platform detailed, elaborating:

“We recorded a 212% increase in XRP spot purchase volumes, outpacing the sell side by over 2x, the surge coinciding with an accumulation of XRP that’s been ongoing from institutional investors since the launch of XRP ETFs.”

It further detailed the scale of capital movement into the asset, posting: “Since then, XRP has attracted a net total of $1.1bn in assets while recording positive total inflows weekly and negative outflows of only five days. With support increasing from retail and institutional levels, Bitrue is forecasting a potential supply squeeze which will likely result in XRP outperforming key competitors over Q2 2026.” The figures indicate sustained buying pressure and strengthening demand on Bitrue’s platform.

Independent market commentary has supported the exchange’s claims, pointing to triple-digit percentage increases in XRP spot purchase volumes on select platforms in late February, with buy orders outpacing sell orders by more than two-to-one as momentum improved. According to XRP Insights data, cumulative net inflows into U.S. spot XRP ETFs total around $1.1 billion as of writing. Although monthly inflows have moderated from initial peaks, totals remain net positive overall, with aggregate holdings across XRP-focused products reported in the hundreds of millions of tokens.

Beyond the recent surge in trading volumes, Bitrue emphasized its long-standing alignment with XRP, noting that since its founding in 2018 it has integrated the token into core services and trading infrastructure. The platform pioneered flexible earn investments with XRP as an investible currency and introduced XRP as a base trading pair for spot markets. It also outlined plans to adjust its short-term business strategy to expand its role as a liquidity hub for XRPL utility, while increasing support for other XRPL ecosystem assets, including RLUSD, which now functions as a base trading pair.

FAQ 🧭

  • Why is XRP activity surging on Bitrue?

According to Bitrue, institutional investors are increasing spot purchases as capital flows into recently launched XRP ETFs.

  • What do the inflow trends signal for XRP price action?

On Bitrue, sustained net inflows and limited outflows suggest persistent buying pressure and tightening supply.

  • How could a supply squeeze impact XRP performance?

A supply squeeze could amplify upside volatility and position XRP to outperform competing digital assets.

  • What is Bitrue’s strategy around XRPL assets?

The exchange is expanding liquidity support and integrating more XRPL ecosystem tokens like RLUSD to deepen market activity.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Today News: Federal Reserve interest rate cut expectations cool down, bulls lose control, falling below $1.40

On February 26, XRP came under pressure due to strong US employment data, with the price dropping from $1.4454 to $1.3862 and closing at $1.4027, a daily decline of 2.16%. Despite the market sentiment being pressured, XRP spot ETFs continued to attract funds, with an average net inflow of $70.26 million at the beginning of the year. If XRP's utility and ETF capital inflows persist, there is potential for the price to decouple. Short-term support is at $1, with a medium-term target of $2.

MarketWhisper1h ago

XRP Instant Settlement Challenges SWIFT, Ripple CEO Declares Global Payment Revolution

Ripple CEO Brad Garlinghouse criticized the current payment system delays during the XRP Community Day event, emphasizing XRP's core role in cross-border finance. He mentioned that the XRP Ledger can settle transactions within seconds, offering a clear advantage over SWIFT's multi-day processing. Ripple is committed to promoting XRP for enterprise settlements, remittances, and DeFi liquidity, aiming to reshape the $150 trillion global payments market. Community members appreciated the emphasis on practical applications, viewing it as key to ongoing development.

MarketWhisper1h ago

Analyst Maps Path To $100 XRP, But Supply Must Be Squeezed First

A prominent XRP analyst argues that triple-digit prices for the token are not fantasy, but would require a dramatic shift in supply dynamics and sustained institutional demand. In a recent video, Levi Rietveld dissects past XRP rallies, contrasts them with today’s market, and lays out a scenario in

DailyCoin2h ago

Ripple Shifts Power to the Community: XRP Ledger Enters a New Era in 2026

A new era will dawn in 2026 for the XRPL ecosystem. The year 2017 saw more than $550 million in investment in various XRPL projects, and this has led to an increase in development in all areas. Ripple is now changing this model. The focus is no longer solely on centrally funded initiatives. Th

CaptainAltcoin2h ago

U.S. XRP spot ETF had a total net inflow of $1,216,300 in a single day

According to SoSoValue data, on February 26th, XRP spot ETF had a net inflow of $1,216,300, with Canary XRP ETF experiencing a net inflow of $745,700 and Bitwise XRP ETF a net inflow of $470,600. Currently, the total net asset value of XRP spot ETFs is $1.016 billion, with a historical total net inflow of $1.238 billion.

GateNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)