TL;DR:
- Investors withdrew 200 million tokens from Binance in ten days, reducing immediate selling pressure.
- Despite a 27% monthly drop, the outflow suggests holders view current prices as an opportunity.
- XRP-linked investment products recorded $33 million in inflows, outperforming Bitcoin and Ethereum.
During recent sessions in the crypto market, CryptoQuant data revealed that analyst Darkfost detected a massive XRP accumulation on Binance, with the withdrawal of approximately 200 million tokens to private wallets.
This action occurs within a crucial technical context, as the asset is trading 27% below last month’s levels. However, the decline in the exchange’s supply ratio, which fell from 0.027 to 0.025, signalizes that large holders prefer self-custody.
Generally, when assets leave exchanges, selling pressure diminishes. Therefore, experts interpret this outflow as a long-term “holding” strategy in response to the recent market correction.
Market Sentiment vs. Price Correction
Although XRP has retreated at least 40% since the start of 2026, institutional interest appears steady. In fact, CoinShares data reveals that funds associated with this asset recently captured $33 million in net inflows.
This interest contrasts with the trend of other industry giants that have experienced consistent outflows, such as Bitcoin and Ethereum. Meanwhile, Grayscale identified XRP as the second most discussed asset in its community, trailing only the pioneer cryptocurrency.
Despite this outlook, perspectives are not entirely optimistic, as institutions like Standard Chartered have adjusted their forecasts. The bank reduced its year-end price target from $8.00 to $2.80, citing challenging macroeconomic conditions for the digital sector.
In summary, while the current price of $1.42 reflects volatility, on-chain activity suggests that investor sentiment is shifting toward confidence. Resilience against the global market downturn positions XRP strategically for the coming months.
