500M XRP Leaves Binance Amid Whale Dominance
XRP's Binance reserves have seen a significant decline since November 2025, dropping from 3.1 billion to 2.6 billion tokens.
This represents a removal of approximately 500 million tokens and indicates that holders are increasingly moving XRP from exchanges like Binance rather than returning it for sale.
Despite the steep price correction on August 22, reserves continued to trend lower through rebounds and retracements, reaching its weakest level since February 2024.
The data from CryptoQuant suggests that whale withdrawals are dominating XRP outflows, with a dominance of 84.25% on August 21, indicating large-holder activity is at an extreme.