Crypto

XRP Slumps to $0.90 Amid Whales Continuing to Dump Tokens on Binance

Guavy AI Editorial Team Published August 16, 2026

Instruments

BNB XRP

XRP has seen its price plummet to $0.90 as whales continue to offload tokens on Binance.

The asset's value has dropped significantly from its Q1 2025 high above $3, and large holders' behavior is providing a bearish signal.

Data from CryptoQuant shows that deposits from XRP whale accounts have yet to return to pre-2024 levels, with notable increases in activity around March 2020 and early 2021.

The trend changed in late 2024 when XRP began to rally, and large XRP deposits on Binance surged, continuing even after the asset's price decline.

The Wire

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