Whales Are Pulling XRP Off Exchanges at Record Speed: What the 228M Token Exodus Means for Price Near $1.09
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch... Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 pe...
Published byEdited with DeepSeek-V4-FlashImages generated with GPT Image 1.5
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch...
Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 peak of $3.65, reflecting that accumulation alone has not triggered a breakout.
The outflow is part of a broader trend: since October 2025, total exchange held XRP supply has dropped 57% from 3.76 billion to roughly 1.66 billion tokens, driven by ETF custody migration and cold storage moves.
Search & fact-check with cited sources for What do the recent large-scale XRP outflows from Binance and Upbit—totaling about 228 million tokAI-generated illustration of XRP exchange outflows and whale activity, early July 2026.
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Create a landscape editorial hero image for this Studio Global article: Search & fact-check with cited sources for What do the recent large-scale XRP outflows from Binance and Upbit—totaling about 228 million tok. Article summary: The 228M token outflow from Binance and Upbit is part of a much broader, **whale-dominated accumulation trend** that has pulled hundreds of millions of XRP off exchanges over several months. This sharply reduces the liqu. Topic tags: general, general web, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fa
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As of early July 2026, Binance and Upbit have recorded a combined outflow of roughly 228 million XRP since mid-May, pushing Binance's XRP reserves down more than 6% to 2.61 billion tokens — their lowest since March 2026 — and Upbit's reserves to their lowest since April . On July 3, XRP traded near , up about 3.35% in 24 hours and 4.08% over the prior week, marking a modest recovery from the $1.06–$1.09 range .
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What is the short answer to "Whales Are Pulling XRP Off Exchanges at Record Speed: What the 228M Token Exodus Means for Price Near $1.09"?
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch...
What are the key points to validate first?
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch... Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 peak of $3.65, reflecting that accumulation alone has not triggered a breakout.
What should I do next in practice?
The outflow is part of a broader trend: since October 2025, total exchange held XRP supply has dropped 57% from 3.76 billion to roughly 1.66 billion tokens, driven by ETF custody migration and cold storage moves.
Whales Are Pulling XRP Off Exchanges at Record Speed: What the 228M Token Exodus Means for Price Near $1.09
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch... Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 pe...
Published byEdited with DeepSeek-V4-FlashImages generated with GPT Image 1.5
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch...
Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 peak of $3.65, reflecting that accumulation alone has not triggered a breakout.
The outflow is part of a broader trend: since October 2025, total exchange held XRP supply has dropped 57% from 3.76 billion to roughly 1.66 billion tokens, driven by ETF custody migration and cold storage moves.
Search & fact-check with cited sources for What do the recent large-scale XRP outflows from Binance and Upbit—totaling about 228 million tokAI-generated illustration of XRP exchange outflows and whale activity, early July 2026.
AI Prompt
Create a landscape editorial hero image for this Studio Global article: Search & fact-check with cited sources for What do the recent large-scale XRP outflows from Binance and Upbit—totaling about 228 million tok. Article summary: The 228M token outflow from Binance and Upbit is part of a much broader, **whale-dominated accumulation trend** that has pulled hundreds of millions of XRP off exchanges over several months. This sharply reduces the liqu. Topic tags: general, general web, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fa
openai.com
As of early July 2026, Binance and Upbit have recorded a combined outflow of roughly 228 million XRP since mid-May, pushing Binance's XRP reserves down more than 6% to 2.61 billion tokens — their lowest since March 2026 — and Upbit's reserves to their lowest since April . On July 3, XRP traded near , up about 3.35% in 24 hours and 4.08% over the prior week, marking a modest recovery from the $1.06–$1.09 range .
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What is the short answer to "Whales Are Pulling XRP Off Exchanges at Record Speed: What the 228M Token Exodus Means for Price Near $1.09"?
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch...
What are the key points to validate first?
A combined 228 million XRP has flowed out of Binance and Upbit since mid May, pushing Binance reserves down 6% to 2.61 billion tokens — its lowest since March 2026 — as whales dominate over 91% of outflows on the exch... Despite the supply squeeze, XRP price remains subdued near $1.09, down 64% from its July 2025 peak of $3.65, reflecting that accumulation alone has not triggered a breakout.
What should I do next in practice?
The outflow is part of a broader trend: since October 2025, total exchange held XRP supply has dropped 57% from 3.76 billion to roughly 1.66 billion tokens, driven by ETF custody migration and cold storage moves.
On-chain data shows that these outflows are overwhelmingly whale-led, not retail-driven. On Binance, large holders accounted for approximately 91.4% of XRP outflows in early May, while retail comprised only about 8% . This is the highest whale outflow dominance since 2024 . Analysts characterize the pattern as accumulation-style positioning to cold storage rather than speculative trading .
The Binance/Upbit figure is part of a much larger movement. Since June 3, XRP whales have withdrawn over 720 million tokens from exchanges, marking the largest sustained outflow by major holders since early February . Looking further back, since October 2025, total exchange-held XRP supply has fallen from roughly 3.76 billion to about 1.66 billion tokens — a ~57% decline — driven by ETF custody migration, whale cold storage moves, and Korean exchange withdrawals .
Price Levels Near $1.06–$1.09: Subdued Despite Supply Squeeze
XRP has been oscillating around the $1.06–$1.09 zone in early July . This is well below its July 2025 high of approximately $3.65, representing a 64% decline over 12 months . The massive outflows from exchanges have not yet produced a sharp price breakout — the price is up modestly but remains range-bound.
The pattern mirrors a November 2024 setup, when Korean exchange outflows preceded a 560% surge, but the current setup is complicated by broader bearish market conditions .
Mixed Market Signals: Bullish Structure vs. Cautious Timing
Bullish Indicators
Bearish / Cautious Factors
Whales consistently moving XRP off exchanges, reducing liquid supply
Price still down ~64% from July 2025 highs
Spot XRP ETFs attracted $243 million in inflows since April
XRP previously pulled back after a rebound to $1.30 in mid-June
Binance withdrawals exceeded deposits for seven straight days as of late June
Broader crypto market continues to exert bearish pressure
XRP ledger recorded 4,941 new wallet creations in a single day — strongest daily growth in over three months
Reduced exchange liquidity can amplify both upside and downside volatility
Pattern mirrors November 2024 setup, when Korean exchange outflows preceded a 560% surge
Outflows to cold storage may signal long-term holding, not imminent buying pressure
Bottom Line
The 228M token outflow from Binance and Upbit is part of a much broader, whale-dominated accumulation trend that has pulled hundreds of millions of XRP off exchanges over several months. This sharply reduces the liquid supply available for trading, which is historically a bullish structural setup. However, the price action near $1.06–$1.09 is subdued, reflecting that accumulation alone has not yet triggered a breakout. The market is waiting for a catalyst such as stronger ETF inflows, regulatory clarity, or a broader crypto rally. The signal is directionally bullish on supply dynamics but mixed on timing, with key price levels at $1.00 (support) and $1.30 (recent resistance) .
binance.com
XRP risks drop below $1, but onchain data highlights silver lining
On-chain data shows that these outflows are overwhelmingly whale-led, not retail-driven. On Binance, large holders accounted for approximately 91.4% of XRP outflows in early May, while retail comprised only about 8% . This is the highest whale outflow dominance since 2024 . Analysts characterize the pattern as accumulation-style positioning to cold storage rather than speculative trading .
The Binance/Upbit figure is part of a much larger movement. Since June 3, XRP whales have withdrawn over 720 million tokens from exchanges, marking the largest sustained outflow by major holders since early February . Looking further back, since October 2025, total exchange-held XRP supply has fallen from roughly 3.76 billion to about 1.66 billion tokens — a ~57% decline — driven by ETF custody migration, whale cold storage moves, and Korean exchange withdrawals .
Price Levels Near $1.06–$1.09: Subdued Despite Supply Squeeze
XRP has been oscillating around the $1.06–$1.09 zone in early July . This is well below its July 2025 high of approximately $3.65, representing a 64% decline over 12 months . The massive outflows from exchanges have not yet produced a sharp price breakout — the price is up modestly but remains range-bound.
The pattern mirrors a November 2024 setup, when Korean exchange outflows preceded a 560% surge, but the current setup is complicated by broader bearish market conditions .
Mixed Market Signals: Bullish Structure vs. Cautious Timing
Bullish Indicators
Bearish / Cautious Factors
Whales consistently moving XRP off exchanges, reducing liquid supply
Price still down ~64% from July 2025 highs
Spot XRP ETFs attracted $243 million in inflows since April
XRP previously pulled back after a rebound to $1.30 in mid-June
Binance withdrawals exceeded deposits for seven straight days as of late June
Broader crypto market continues to exert bearish pressure
XRP ledger recorded 4,941 new wallet creations in a single day — strongest daily growth in over three months
Reduced exchange liquidity can amplify both upside and downside volatility
Pattern mirrors November 2024 setup, when Korean exchange outflows preceded a 560% surge
Outflows to cold storage may signal long-term holding, not imminent buying pressure
Bottom Line
The 228M token outflow from Binance and Upbit is part of a much broader, whale-dominated accumulation trend that has pulled hundreds of millions of XRP off exchanges over several months. This sharply reduces the liquid supply available for trading, which is historically a bullish structural setup. However, the price action near $1.06–$1.09 is subdued, reflecting that accumulation alone has not yet triggered a breakout. The market is waiting for a catalyst such as stronger ETF inflows, regulatory clarity, or a broader crypto rally. The signal is directionally bullish on supply dynamics but mixed on timing, with key price levels at $1.00 (support) and $1.30 (recent resistance) .
binance.com
XRP risks drop below $1, but onchain data highlights silver lining
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