Analysis of recent changes in XRP trading volumes indicates a clear divide between large and small traders. Between May 6 and 10, a sharp divergence in trading volumes among different order categories was observed.
Trading Activity by Order Size
Data shows that orders in the range of 10,000 to 50,000 XRP led all categories with approximately 7.5 million XRP in net buying. Orders exceeding 50,000 XRP also displayed strong demand, while orders between 100 and 1,000 XRP saw significant selling over 31 million XRP, and the 1,000 to 10,000 XRP range showed net sales of 7.4 million XRP.
Increase in Retail Selling
Starting from May 8, a noticeable increase in net selling from smaller orders has been recorded. Orders in the 100–1,000 and 1,000–10,000 XRP ranges significantly decreased on the CVD scale, while large volumes from 10,000 to 50,000 XRP continued to rise. Analysts suggest that retail traders are exiting the market due to recent price struggles.
Who is Selling XRP?
Community proponents urge investors to hold their XRP and not give them up to institutions allegedly attempting to accumulate them. One member inquired whether large orders might be generated by exchanges, to which the analyst replied that the data does not indicate this, and such orders are more likely driven by retail or institutional investors.
The division in behavior between large and small traders in the XRP market highlights differences in strategies and access to information, which may impact short-term market structure and price stability.
