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CryptoQuant Analyst: XRP Whale Transactions on Binance Cool Down, Selling Pressure Eases but Rebound Still Requires New Demand

2026-08-15 07:32

Odaily News - CryptoQuant analyst Darkfost stated on platform X that whale inflows of XRP on Binance have recently seen a notable decline, with the 3-month moving average dropping to its lowest level since 2021.

Data shows that current whale inflows of XRP into Binance stand at approximately $61 million, a significant decrease from previous levels. In comparison, this metric reached $456 million in January 2025 and $355 million in October 2025, with current levels roughly 6 to 8 times lower than before.

Although XRP is still striving to hold the key $1 price level in the near term, the inflow behavior of whales who previously preferred conducting large transactions through Binance is diminishing. However, XRP's net inflow remains positive at approximately $18.8 million, indicating that incoming funds still temporarily hold the upper hand.

Darkfost noted that this trend mirrors the broader crypto market, with trading volume and capital inflows declining overall, potentially reflecting that selling pressure is subsiding, though new market demand has yet to show a clear recovery. The cooling of whale trading activity is a positive signal for XRP, but it is still insufficient to confirm a market reversal, and it remains too early to determine whether XRP is entering a new upward cycle.