On-chain data reveals that inflows of XRP to Binance have sharply declined since the market peak in 2025. Notably, transfers exceeding 1 million XRP—a typical signal of large-scale selling—have slowed. This shift suggests recent price drops are more likely linked to leveraged position liquidations and broad market weakness, rather than direct distribution by major holders.
Major investor behavior shows a clear shift
Between 2021 and 2025, significant transfers ranging from 100,000 to over 1 million XRP dominated exchange flows, indicating regular use of Binance by large investors and institutional wallets. As one of the world’s largest cryptocurrency exchanges by trading volume, Binance serves as a critical platform for monitoring these high-value movements.
Historically, sharp increases within both categories tended to occur prior to substantial market corrections. Analysts often interpreted this as major players moving assets to exchanges in preparation to sell. However, current data shows no evidence of such abnormal upticks at a comparable scale.
The reduction in large XRP transfers to Binance indicates that leading market participants may currently be less inclined to sell.
CryptoQuant analyst PelinayPA observed that this cooling off coincides with the post-ETF approval period. According to her analysis, the weakening of whale inflows suggests that large wallets prefer to keep their positions intact, marking a notable difference from previous sharp downturn cycles in the market structure.
Key drivers behind the latest price decline
The recent pullback in XRP prices has been associated more with leveraged trade liquidations and overall market softness, rather than active selling by major investors. In past steep downturns, inflows to exchanges jumped as investors hurried to exit; this time, the same pattern has not emerged.
As such, the current on-chain landscape does not support the narrative of widespread profit-taking. While large-scale inflows were elevated between 2021 and 2025, the recent drop signals a measurable change in the behavior of the market’s most influential participants.
Potential price outlook if low inflows persist
The analysis points out that if XRP inflows to Binance remain subdued, the available supply for immediate sale could continue to decrease. Should demand strengthen, this scenario may pave the way for XRP to retest the $1.8 to $2.0 range.
PelinayPA noted that a continued low level of Binance inflows could reduce selling pressure further, and, with stronger demand, XRP could move back towards the $1.8 to $2.0 band.
At the time of this assessment, the price of XRP stood at $1.11. The asset recorded a 24-hour trading volume of $1,754,706,743. Over the past 24 hours, XRP lost 5.12% of its value, adding up to an 8.28% decline over the past week.
| Indicator | Data |
|---|---|
| Current price | $1.11 |
| 24-hour change | 5.12% decline |
| 7-day change | 8.28% decline |
| 24-hour volume | $1,754,706,743 |
| Target price range | $1.8 to $2.0 |
Still, the core premise of the analysis is that there is no renewed surge in inflows exceeding 1 million XRP. Any significant increase in this category could reverse the current outlook. Market participants are expected to monitor this metric closely in the coming weeks.
