$XRP Whale Activity Plunges Amid Lack of Buying Interest
$XRP's whale activity on Binance has seen a sharp decline, according to CryptoQuant analyst PelinayPA. Both inflows and outflows have decreased, indicating that large investors are not actively accumulating or selling the token.
The trend suggests weaker buying interest amid lower selling pressure, with transaction counts across major value bands dropping significantly. Large $XRP withdrawals from Binance have declined considerably from 2024 and 2025 levels, particularly in transfers between 100,000 and 1 million $XRP and transactions above 1 million $XRP.
PelinayPA noted that large exchange outflows are often seen as a sign of investors moving assets into private wallets for long-term holding. However, the current decline is not considered a bullish accumulation signal because whale outflows have become unusually rare.
Similarly, large $XRP deposits to Binance have also dropped sharply, suggesting whales are not moving tokens to exchanges to sell. This has led to lower near-term selling pressure compared to previous market cycles.