Between July 11 and 15, wallets holding between 1 million to 10 million XRP added roughly 70 million tokens, signaling a deliberate push by whales to accumulate more XRP.
At the same time, Binance’s XRP reserves dropped to about 2.61 billion, marking their lowest level since February 2026. This suggests fewer tokens are sitting on the exchange ready to be sold, which can tighten supply.
Meanwhile, large holder deposits heading into Binance hit their lowest point since January 2025, hovering around 25.3 million XRP. This decline in whale inflows typically points to reduced selling pressure from the biggest players.
Behind the Numbers: What They Mean
On the flip side, smaller wallets, especially those holding less than 100,000 XRP, have been trimming their balances, a classic sign of weaker hands exiting and stronger hands stepping in. Over five weeks, wallet balances in the 100k to 100M XRP range grew approximately 2.8%, showing a transfer of tokens up the ladder.
This redistribution often happens during sideways price action, as retail investors grow impatient and choose to sell during the chop. The true buildup from whales happens quietly beneath the surface over weeks, setting the stage for a sudden price move when a catalyst hits.
It’s important to note that while the falling exchange reserves and whale accumulation often occur together, neither guarantees a rally. Thinner order books can accelerate price moves if buy demand appears, but without sufficient buyers, supply constraints alone won’t push prices up.
Decision-making here is about strategy: some traders might opt for gradual spot buying, others for reactive swing trades, while some prefer to watch patiently and set alerts for key triggers. Defining when to cut losses or take profits is essential before committing significant capital.
The ongoing shift in XRP custody shows a market dynamic seen across cryptocurrencies, where managing coin supply between exchanges and private wallets becomes as critical as production or mining, a theme similar to bitcoin mining success factors.
This information is for educational purposes and not financial advice.
