XRP whale outflows on Binance have nearly vanished. Large holders are quietly moving tokens to private wallets, shrinking the supply available on the exchange. But that hasn’t stopped the bleeding: XRP tumbled more than 10% in 24 hours, falling from $1.20 to $1.15, hitting its lowest price of the year, according to CoinMarketCap.
Whale activity dries up
CryptoQuant data shows that large investor outflows from Binance dropped to near-zero levels. Historically, that pattern has preceded a major XRP price rally. For now, though, the selling pressure is coming from elsewhere — most notably the derivatives market.
Liquidations pile on
Over $25 million in leveraged long positions were wiped out in the sell-off, forcing more selling and amplifying the drop. XRP broke key support below $1.20, and the move accelerated as stop-losses triggered cascading liquidations.
Broader market drag
It wasn’t just XRP. Bitcoin slipped below $63,000, pulling the whole crypto market lower. US-Iran geopolitical tensions added to the risk-off mood, and the altcoin sector took a disproportionate hit. The timing isn’t great for bulls — the macro picture has turned suddenly cautious.
A historical pattern worth watching
The last time whale outflows on Binance went quiet, XRP later staged a significant rally. Whether that repeats depends on whether the broader market stabilizes and whether the geopolitical situation eases. For now, the whales are sitting on their hands, and the price is sitting at a new low for the year.
