Large holders of XRP — so-called whales — have moved roughly $170 million worth of the token off the Binance exchange in recent days. The withdrawals come as XRP trades near a price range that traders describe as a 'value zone' around $1.40, with a key accumulation and support area sitting between $1.35 and $1.40.
What the Whale Activity Suggests
Whale movements are often watched closely because they can signal shifts in sentiment. Moving tokens off an exchange typically reduces the supply available for immediate sale, which can be interpreted as a bullish signal — holders choosing to custody their own coins rather than keep them on a platform where they could be sold quickly.
The $170 million figure, while large, represents only a fraction of XRP's daily trading volume. Still, the timing is notable: XRP has been hovering right at a level that has historically attracted buyers. The $1.35 to $1.40 band has acted as both a support floor and a zone where accumulation has occurred in the past.
Why the $1.35–$1.40 Zone Matters
For traders, that range is more than a round number. It's a level where the price has repeatedly found buyers, forming a base. If XRP stays above $1.35, the argument for a continued uptrend holds. A break below that floor, though, could open the door to further downside — and the whale withdrawals could be a hedge against that risk or a bet that the zone will hold.
Right now the token is sitting near $1.40, which puts it right in the middle of the accumulation zone. That doesn't guarantee a bounce, but it does mean a lot of market participants are watching that line.
What Happens Next
The next few trading sessions will test whether the support zone holds or gives way. If the whales are right and the floor holds, the price could push higher. If the zone breaks, the $170 million move off Binance might be remembered as an early warning, not a vote of confidence.
