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Whales Are Withdrawing Large Amounts of XRP from Binance: What Does This Mean?

source-logo  en.bitcoinsistemi.com 2 h
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In the cryptocurrency market, there is a notable divergence in supply and derivatives data for $XRP.

According to recent data shared by CryptoQuant analyst Amr Taha, while the supply of $XRP on Binance, one of the largest cryptocurrency exchanges, continues to decrease, it appears that investors engaging in highly leveraged trading are not making a strong comeback to the market.

According to the analysis, the net flow of $XRP on Binance has decreased from approximately -$10.4 billion in mid-August 2025 to currently -$11.23 billion. This decline indicates that investors continue to withdraw their $XRP from the exchange, and the supply on the exchange is gradually thinning. In other words, there is a gradual decrease in the amount of $XRP available for sale.

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On the other hand, data from derivative markets paints a different picture. The size of $XRP open positions on Binance has remained just over $200 million since mid-February 2026. This indicates that while some speculative activity continues in the market, a strong appetite for leveraged positions has not yet materialized.

According to the analyst, this data set points to a noteworthy market structure for $XRP. On the one hand, the decrease in supply on exchanges is considered a factor that could potentially put upward pressure on the price, while on the other hand, the caution of derivatives investors indicates that this potential movement has not yet gained strong momentum.

*This is not investment advice.

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