XRP Whale Activity on Binance Falls to a Two-Month Low, CryptoQuant Finds
XRP’s biggest holders have gone quiet on Binance — and on-chain data firm CryptoQuant says that’s the clearest signal in months.
Daily XRP whale deposits to Binance fell to 25.3 million tokens (about $23 million) — a 34.4% drop within a single month — while 30-day whale withdrawals slid to roughly 885.1 million XRP, the lowest reading in more than two months, according to CryptoQuant data.
What stands out is that BOTH sides of the flow dropped together. Whale deposits usually signal potential selling pressure, and whale withdrawals often signal accumulation — when both fall at once, it points to large holders simply stepping to the sidelines rather than taking a directional bet either way.
The slowdown is most visible in the mid-to-large transaction bands — transfers between 100,000 and 1 million XRP, and transactions above 1 million XRP — both of which have declined noticeably compared to 2024 and 2025 activity levels.
With whale activity this muted, XRP has been trading in a narrow range, consistent with a wait-and-see posture among the token’s largest holders rather than any strong conviction in either direction.
New to reading on-chain whale data? Explore the Bitcoin Academy.