Whale-sized XRP withdrawals from Binance have dropped to roughly 978 million XRP over the past 30 days — the lowest monthly level since 2021. The decline in large holder activity comes as the token itself slipped below the $1.30 support level, trading near $1.26.
Whale activity hits a multi-year low
Data tracking XRP movements from the world’s largest exchange shows big players have been pulling far less than in recent months. The 978 million figure marks a notable slowdown in accumulation-oriented transfers that often signal institutional buying or cold-storage storage. Withdrawals had been higher through most of 2024 and early 2025, but the trend reversed sharply.
Price fails to hold $1.30
XRP's slide below $1.30 broke a level that traders had been watching as a key floor. The recent drop followed multiple failed attempts to reclaim the $1.45–$1.50 zone — resistance that held through the second quarter. Volume during the breakdown has been relatively subdued. That suggests the move is driven by persistent selling pressure rather than a sudden rush of panic liquidations.
Technical picture shows broad bearishness
The token now trades below the 50-day, 100-day, and 200-day moving averages. That's a signal of bearish momentum across every major timeframe. The moving averages stack further capping any quick bounce. Short-term traders have few technical triggers for a reversal unless buying volume picks up substantially.
Key levels to watch
For a recovery, XRP would need to push back through $1.38–$1.40 as the first hurdle, then retest the $1.45 resistance. On the downside, the next major support sits near the February low of $1.15. If that floor gives way, the token would be trading at levels not seen since the start of 2025. The question now is whether whale withdrawals will stay low or pick up again — and whether that will matter to price action given the current supply-driven pressure.
