XRP Whales Pull Back as New Funds Slow to a Crawl
XRP whales have slowed their movements in the market, indicating a wait-and-see stance among major holders.
According to CryptoQuant analyst PhelineyPA, deposits and withdrawals of XRP by whales on Binance have fallen sharply. This decline is unusual as it suggests both large-scale buying and selling are weakening simultaneously.
The analysis shows that transfers of 100,000 to 1 million XRP and more than 1 million XRP have declined significantly from their 2024 and 2025 levels. Typically, large outflows from exchanges are seen as a bullish signal, but this decline is different.
Exchange deposits also followed the same pattern, with cases of large XRP inflows to Binance dropping sharply. This means whales are not moving tokens to exchanges for aggressive selling. As a result, short-term selling pressure is lower than in previous market phases.