TL;DR
- Large XRP holders have reduced transfers to Binance since 2025, signaling lower selling pressure from wallets that historically influenced market direction.
- On-chain analysts note that the absence of major whale inflows contrasts with previous periods that preceded sharp corrections.
- At the same time, growing institutional access through spot XRP ETFs and stable demand could create conditions for XRP to recover toward the $2 level if broader market sentiment improves.
XRP is facing a period of price weakness, yet on-chain data suggests that some of the largest holders of the cryptocurrency are becoming less active sellers. Analysts tracking wallet activity on Binance have observed a steady decline in large XRP transfers, a trend that may support a stronger price structure if buying demand continues to absorb available supply.
While XRP has retreated significantly from its highs near $3, market observers believe reduced exchange inflows from whales could limit downside pressure and create a more favorable environment for a recovery.
XRP Whale Activity Signals Reduced Selling Pressure
Recent data shared by CryptoQuant analyst Pelinay shows that transfers exceeding 1 million XRP to Binance have been trending lower since reaching elevated levels in 2025. Historically, large inflows to exchanges have often indicated an intention to sell, increasing the amount of available supply in the market.
Between 2021 and 2025, whale-sized transfers remained relatively elevated, reflecting active participation from major holders and institutional investors. However, that pattern began to change after the market reached its peak, with large inflows gradually losing momentum.
The slowdown became even more visible following the approval of spot XRP exchange-traded funds in the United States. The development expanded access to XRP for traditional investors and may have encouraged some large holders to maintain their positions rather than move tokens to exchanges.
Binance Inflows And XRP Demand Remain In Focus
Despite lower selling activity from whales, XRP has not escaped broader market weakness. The asset has experienced pressure from leveraged position liquidations and a generally cautious sentiment across digital assets.
Still, analysts point out that previous market downturns were frequently preceded by significant spikes in large XRP inflows to Binance. Such spikes are currently absent, suggesting that aggressive profit-taking from major holders is not taking place.
Another factor supporting the bullish outlook is the continued growth of Ripple’s ecosystem. Ripple has expanded payment partnerships in several regions while institutional interest in blockchain-based settlement solutions remains active. These developments could strengthen long-term demand for XRP beyond short-term trading activity.
