TL;DR
- An analyst linked to CryptoQuant flagged the withdrawal of 231 million XRP from Binance in a single day, valued between $330 and $335 million.
- Over the past 30 days, some whales sent nearly 1.45 billion XRP to Binance, while seven spot ETFs in the U.S. accumulated $1.55 billion in net inflows.
- The token’s price oscillates between $1.40 and $1.45 after a 50% rally, with key support at $1.33 and resistance in the $1.50 to $1.55 zone.
The XRP market is experiencing unusual tension between two forces that, under normal circumstances, do not operate simultaneously: selling pressure from large holders and steady institutional accumulation through regulated products.
Analyst Darkfost, linked to the CryptoQuant platform, detected the withdrawal of 231 million XRP from Binance in a single trading session this week, equivalent to between $330 and $335 million at the time the transaction was executed. According to the report, this is the largest individual movement recorded in the past six months.
At the same time, some whales sent approximately 1.45 billion XRP to Binance over the past 30 days, a figure that raised all alarms among technical analysts due to its potential selling pressure on the token’s price.
According to a CryptoQuant analyst, XRP whales withdrew 231 million XRP from Binance, the highest outflow in six months. pic.twitter.com/IhMVVMrh5V
— Crypto Town Hall (@Crypto_TownHall) August 27, 2026
XRP Between Whales and ETFs: Two Opposing Forces
However, the institutional market offers a different reading. Seven spot XRP ETFs in the United States received $1.55 billion in net inflows, with August recording a pace that doubled July’s. That dynamic suggests that part of the liquidity leaving exchanges re-enters the asset through regulated vehicles, which complicates any linear analysis of capital flows.
In terms of price, XRP is moving in an intraday range of $1.40 to $1.45, consolidating after the 50% rally recorded last week. Immediate support sits at $1.40, with a deeper floor between $1.33 and $1.36 according to Fibonacci retracement levels. Resistance is concentrated in the $1.50 to $1.55 zone, from which the price has already been rejected on at least two recent occasions.
The Risk Below the $1.40 Level
The RSI(14) relative strength index shows readings near 25, indicating an oversold condition, although the aggregate technical signal still tilts the balance toward bearish pressure. If the price sustains the inflow into ETFs while absorbing the supply generated by whales, there is room to recover the $1.50 level and project a move toward $1.65.
Conversely, a break below $1.40 would open the path toward $1.33, a scenario that could worsen if concerns related to the unlock of custodied funds resurface and add to the current selling pressure.
