XRP Whales Shrink Supply on Binance as Price Reclaims $1.13

XRP is back to trading in positive territory and its onchain metrics are beginning to flip bullish as traders appear to be taking less caution.

While the ongoing rally has seen XRP climb back above $1.13, the latest onchain data from crypto analytics platform CryptoQuant shows that whale inflows to Binance are drying up.

XRP whale inflow drops 95% on Binance

The data shows that large investors are easing their sell activity as whale inflows to Binance drop to their lowest level since January 2025. 

While large transfers to exchanges are a major signal for potential selling activity, the sharp drop in the metric suggests that XRP’s biggest holders are sending far fewer tokens to the market than they were earlier this year.

The data further showed that whale inflows on Binance have dropped from a previous high of 583 million XRP worth about $1.36 billion to just 25.3 million XRP, worth about $23 million. 

In the longer term, the XRP whale inflow on Binance has also dropped as the 90-day average of whale inflows on the exchange has declined from about $460 million in January to roughly $69 million today.

XRP retests $1.13

While the drop in XRP whale inflows suggests that demand may be brewing and XRP may be on the verge of a major price breakout, it has seen XRP reclaim $1.13.

With whale deposits on Binance dropping to extremely low levels, it appears that only fewer large holders are looking to sell their XRP holdings on the exchange. 

This suggests that the available XRP supply on Binance is gradually shrinking as large holders are regaining confidence.