XRP's supply on centralized exchanges has declined to $2.75 billion, while the token trades around $1.35 after a 5.07% daily drop. On-chain indicators point to easing selling pressure as more holders move XRP off exchanges, even as XRP ETFs posted a $6.15 million outflow on March 5, ending a seven-day streak of inflows.

On March 5, U.S. spot Bitcoin ETFs collectively recorded their first net outflow of March, with $227.83 million withdrawn as Bitcoin traded near $71,270. Trading activity across the ETF market reached $6.5 billion that day, while BlackRock, Fidelity, Bitwise, ARK 21Shares and Grayscale all saw redemptions and Valkyrie's BRRR fund attracted $5.42 million in new capital. Following the muted institutional participation, Bitcoin slipped back into negative territory, dropping 4.19% in the last 24 hours to around $69,931.

On March 1, 2026, Ripple unlocked 1 billion XRP from escrow and, by March 3, had relocked 700 million XRP as part of its ongoing supply management strategy. XRP's price has reacted only slightly, rising 0.42% over the last day to trade at $1.34 despite weeks of negative performance. The company is expected to repeat this pattern on April 1 with another 1 billion XRP unlock and a planned 700 million XRP relock.

Bitcoin is trading close to the $60,000 zone, where the average cost basis of investors who entered the market 18 to 24 months ago is now being tested. According to CryptoQuant, many of these midterm holders have slipped into unrealized losses, while longer-term investors remain in profit, creating conditions that have historically preceded major cycle turning points and potential price resets.

On Saturday, Feb. 28, data from CoinGlass showed Shiba Inu futures open interest falling 8.59% to about 10.59 trillion SHIB, signaling a shift toward bearish positioning. Over the same 24-hour period, SHIB's spot price slid 5.28% to $0.000005536, while crypto futures liquidations reached over $503 million, with long traders bearing most of the losses.

Bitcoin's derivatives market has faced a sharp uptick in selling as the price fell back to $63,000 after trading near $70,000. According to CryptoQuant, roughly $1.8 billion in sell volume hit the market within one hour, coinciding with renewed geopolitical tensions involving the United States and Iran. Data also show a drop in a key derivatives pressure index from 30% to 18%, reflecting a rapid swing toward bearish sentiment.

BlackRock has paused its recent Bitcoin selling and turned to steady accumulation, including a latest receipt of 4,082 BTC valued around $269.41 million. Over three sessions, net inflows reached 9,615 BTC, while Bitcoin fell 3.38% in the past 24 hours to $64,045 after briefly reclaiming $69,953. Market participants view the sustained inflows as long-term positioning.

On Feb. 28, Metaplanet CEO Simon Gerovich said the era of Bitcoin treasuries is spreading after news that Daido Limited plans to add Bitcoin to its balance sheet. The 147-year-old listed company disclosed it may buy up to ¥1 billion in Bitcoin as a treasury hedge against inflation and potential depreciation of the Japanese yen.

On Saturday, Feb. 21, CoinGlass data indicated a bullish turn in XRP derivatives, with open interest up 2.56% and about 1,660,000,000 XRP tied to unsettled contracts. Over the past 24 hours, XRP's spot price advanced 2.45%, briefly reclaiming its weekly high near $1.45, while XRP-focused ETFs reported zero inflows and outflows in their last session.