XRP Whale Accumulation Reaches Record Levels as Large Holders Pull Hundreds of Millions from Exchanges
Multiple independent sources report that XRP whale wallets have hit all-time highs, with large holders withdrawing $170 million from Binance and accumulating heavily in a key support zone near $1.35-$1.40. On-chain data shows rising large-wallet balances alongside surging XRPL activity, suggesting coordinated accumulation behavior rather than distribution.
XRP whale wallets have reached all-time high balances according to on-chain metrics reported across multiple sources. The accumulation appears concentrated in a price zone between $1.35 and $1.40, which analysts describe as both a support and a value accumulation band.
In one notable on-chain event, large holders withdrew approximately $170 million worth of XRP from Binance. Exchange outflows of this scale are generally interpreted as holders moving assets into self-custody, reducing immediate sell pressure on order books.
Separate reporting noted that XRPL network activity has also been rising alongside whale accumulation, with 4,300 new wallets created on the ledger within a single 24-hour window. However, despite these on-chain signals, price action remained capped by resistance levels during the same period.
The convergence of record whale wallet balances, large exchange outflows, and growing network participation represents a cluster of on-chain signals that multiple sources flagged independently. Whether these signals translate into sustained price movement remains an open question, as resistance zones continue to suppress near-term gains.
Key facts
- •XRP whale wallets reached all-time high balances according to on-chain data
- •Approximately $170 million in XRP was withdrawn from Binance by large holders
- •Key accumulation and support zone identified between $1.35 and $1.40
- •4,300 new XRPL wallets were created in a single 24-hour period
- •Rising XRPL activity reported alongside whale accumulation
- •Price action remained capped by resistance despite on-chain signals