XRP whale transfers to Binance fell 34.4% from late June, hitting a two-month low as large holders pull back near $1.09.
The chart looked almost boring by XRP standards. A single line kept sliding lower through July, and nothing about it screamed headline. Yet that quiet slide is kind of the point.
XRP’s 30-day whale inflow to Binance, tracked by CryptoQuant, sits near 947.4 million tokens right now. That’s the lowest the metric has printed in two months. Late June told a different story, when the same figure peaked around 1.445 billion XRP.
A Third of the Flow Just Vanished
Do the math and the drop works out to 34.4% in under a month. Whale inflows to an exchange usually get watched for one reason. They hint at whether big holders are getting ready to sell.
Fewer coins moving onto Binance from large wallets doesn’t guarantee anything bullish on its own. CryptoQuant’s own note is careful about that, saying the reading needs company from price action, volume, and derivatives data before anyone calls a trend. Still, a two-month low is a two-month low.
Analyst darkfost_coc has been posting the same Binance whale inflow chart in recent updates, watching for signs that the selling wave from earlier in the year is running out of steam.
The Longer Chart Tells a Rougher Story
Zoom out and the picture gets heavier. A separate CryptoQuant breakdown puts peak Binance whale inflows at 583 million XRP, worth about $1.36 billion, before that number crashed to just 25.3 million XRP. Roughly $23 million.
Source: CryptoQuant, via x.com/darkfost_coc
The 90-day average, which irons out the daily noise, sat at roughly $460 million back in January 2025. Today it reads closer to $69 million. That’s not a small dip. That’s most of the selling pressure walking out the door.
Analyst ArabxChain publishes regular Binance flow charts and has been mapping this same drop-off through 2025 and into 2026, showing whale activity thinning out well before price found its footing near $1.
Source: CryptoQuant, via x.com/ArabxChain
Price Sits Still While the Selling Fades
XRP has spent weeks consolidating around the $1 mark. CryptoQuant frames the current stretch as the first of two phases a market needs to bottom out. Exhaustion of sellers first, a real return of demand second.
The second half hasn’t shown up yet. Buying pressure needs to actually push higher volume for this to turn into anything more than a pause. XRP’s exchange dynamics look calmer than they have in a while, something touched on when Binance’s CVD score kept refusing to turn positive even as funding rates on the same platform spiked hard in a separate stretch.
Reduced selling doesn’t equal buying. It just clears the runway for it. Whether XRP takes that runway anywhere remains the open question heading into the rest of July.
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