XRP’s recent pullback may not reflect heavy whale selling, according to new on-chain data from CryptoQuant. Contributor PelinayPA reported that large transfers to Binance have declined since 2025. The analyst said this trend suggests that major holders show less intent to move tokens to exchanges.
CryptoQuant data shows that transfers above 1 million XRP once drove a large share of Binance inflows. Between 2021 and 2025, these transactions stayed elevated and reflected steady whale participation. However, inflows above 1 million XRP began to fall after reaching a peak in 2025, and the decline continued as the price dropped from above $3 to $1.01 in June.

The analyst explained that large exchange inflows often indicate selling preparation. PelinayPA stated, “Investors usually transfer assets to trading platforms when they plan to sell.” Current data shows no sharp rise in 100,000 to 1 million XRP or 1 million+ XRP transfers, which earlier downturns displayed.
Past XRP declines coincided with visible spikes in exchange inflows from large holders. In those periods, 100,000 to 1 million XRP and 1 million+ XRP transfers increased sharply before price drops. In contrast, the present correction shows no similar inflow surge, which the analyst said weakens the argument for broad whale profit-taking.
PelinayPA linked lower inflows to stronger holder confidence following XRP ETF approval.
Data indicates that Binance has not recorded aggressive accumulation of large transfer inflows during the recent decline.
The report suggested that recent weakness may stem from leverage liquidations and overall crypto market pressure. Historically, deep bear phases triggered visible exchange inflow spikes as traders rushed to exit. Current blockchain data does not show that behavior, which supports the view that market structure remains stable.
Reduced exchange supply could shape future price action if inflows stay low. When fewer tokens sit on exchanges, the available supply for sale decreases. Stronger demand combined with lower exchange balances may create conditions for price recovery.
The analyst stated that keeping 1 million-plus XRP inflows subdued would help maintain structure. According to the report, such stability could support a move toward the $1.80 to $2.00 range. At press time, XRP trades at $1.10, down 4.4% in 24 hours and 15% over the past week.
The post XRP Whale Selling Pressure Cools as Binance Inflows Drop appeared first on CoinCentral.


