XRP inflows to Binance have seen a significant slowdown following the 2025 market peak. On-chain data indicates a clear decline in selling activity, especially among transactions exceeding 1 million XRP. This trend suggests that the latest price drop may be less about large holders distributing their coins and more closely linked to liquidations of leveraged positions and overall market weakness.
Shift in large investor behavior
Between 2021 and 2025, inflows ranging from 100,000 to over 1 million XRP stood out in exchange movements, highlighting how institutional-scale players regularly used Binance for their transactions. As one of the world’s largest cryptocurrency exchanges by trading volume, Binance remains a crucial platform for tracking these fund flows.
In past cycles, sharp increases in these two inflow categories often preceded major market downturns, as prominent holders tended to move assets to exchanges ahead of large-scale sales. However, current data does not show the same extraordinary spike in transfers, marking a change from previous patterns.
The drop in large XRP transfers going to Binance suggests major market participants are currently less inclined to sell than in previous cycles.
CryptoQuant analyst PelinayPA noted that this decline overlapped with the period following ETF approval. The analysis highlights that the weakening of whale inflows into exchanges points to large wallets choosing to maintain their positions, setting this market phase apart from previous sharp corrections.
Key factors behind price decline
The latest drop in the XRP price appears to be more closely tied to liquidations of leveraged positions and a generally weak market backdrop, rather than deliberate selloffs by large investors. In earlier steep downturns, inflows to exchanges would rapidly increase as investors sought exits, but this pattern has not repeated in the current cycle.
As a result, today’s on-chain profile does not support the usual narrative of widespread profit-taking. The recent slowdown in large-scale inflows, following elevated activity from 2021 through 2025, points to a measurable change in the behavior of the largest market participants.
What a continued slowdown could mean for XRP
The analysis suggests that if XRP inflows to Binance remain low, the supply available for immediate sale on the exchange could decrease. Should demand pick up, this could help XRP retest the $1.8 to $2.0 range in the near future.
PelinayPA adds that continued low inflows to Binance could further reduce selling pressure, which—if accompanied by stronger demand—may enable XRP to once again approach the $1.8 to $2.0 band.
At the time of the analysis, XRP was trading at $1.11, with a 24-hour trading volume of $1.75 billion. Over the previous 24 hours, XRP had lost 5.12% of its value, and over the past week, it was down by 8.28%.
| Indicator | Figure |
|---|---|
| Current price | $1.11 |
| 24-hour change | 5.12% decline |
| 7-day change | 8.28% decline |
| 24-hour volume | $1,754,706,743 |
| Targeted price range | $1.8 to $2.0 |
However, the analysis emphasized that this outlook depends on inflows above 1 million XRP not accelerating again. Should such large-scale transfers resume, the current narrative could be reversed. Over the coming weeks, market watchers are expected to monitor these figures closely.
