XRP Whale Activity Dries Up, Price Holds Above $1.04

XRP's price remains stuck in a narrow range as whale activity on Binance has slowed down significantly.

Data from CryptoQuant shows that transaction counts have dropped across every major size group, with the biggest drops seen in deposits and withdrawals for the 100K to 1 million XRP and over 1 million XRP groups.

This decline in whale activity on Binance has reduced selling pressure, but it's unclear whether buyers are stepping in to replace them.

Retail transfers between 1K and 10K XRP remain active, but they haven't been enough to fill the void left by whales.