XRP Trades $23M Across Exchanges as Canary Signal Sparks Altcoin Season

An across-exchange $23M XRP trade in 60 seconds signals institutional positioning over speculation. XRP has gained 25% in early 2026 vs Bitcoin’s 5.5%, suggesting an upcoming altcoin season.

Rich by Coin

2026-01-11

XRP exchange balances fell to eight-year lows near 1.6B tokens, while seven spot ETFs now hold about $1.3B in assets. XRP gained 25% in early January 2026, outperforming Bitcoin’s roughly 5.5% rise.

An across-exchange $23M XRP trade completed in 60 seconds signals coordinated institutional positioning rather than speculation. The move underscores rising activity around XRP as market participants position for potential altcoin rotations.

This shift reflects growing institutional involvement in XRP and related markets. Historical patterns show XRP leads altcoin rotations by several weeks, suggesting the current move could precede a broader altcoin rally.