XRP inflows from whale wallets to Binance have plunged to their lowest level since 2021. The three-month moving average data shows that the flow of assets from large investors to the exchange is currently only around $61 million. This figure is a sharp drop from the asset transfer volume of last year. For comparison, whale transfers peaked at $456 million in January 2025, followed by a second wave of $355 million in October 2025.
The decline in the flow of coins to the exchange at least removes one major concern in the market: the threat of a mass sell-off by large holders.
Selling Pressure Eases, But Not Yet Reversed
CryptoQuant analyst Darkfost described this decline in whale deposits as a positive signal. The reduction in coin supply entering exchanges automatically causes direct selling pressure to shrink as well. However, he reminded traders that this condition cannot yet serve as an absolute guarantee for the return of an upward market trend.
The warning is in line with XRP net inflow data on Binance, which remains positive at around $18.8 million. This fact proves that the amount of large deposits still slightly exceeds withdrawals, keeping price movements held around the $1 range without a strong push to break through the upper limit.
The technical landscape on the daily chart highlights this two-way tug-of-war. XRP is currently trading just below the middle line of the 20-day Bollinger Band, which lies at the $1.0446 level. Its position continues to press downward, slowly approaching the indicator’s lower band at $0.9866. At the same time, the daily Relative Strength Index (RSI) indicator is held at 36.02. This position depicts sluggish price momentum, but has not yet fallen to the 30 level, which typically signals oversold conditions and triggers buying the dip.
Who Controls the Money
An opportunity for new buyers is visible on the four-hour timeframe. Within this range, the chart shows the formation of a falling wedge pattern. This pattern began to form shortly after the price slid from its local high of $1.165 on July 21. Signs of a slowing downward trend are also confirmed by the MACD indicator, which sits at -0.0054, crossing slightly above the signal line at the -0.0060 level.
But behind that technical opportunity, money flow metrics tell a different story. The Chaikin Money Flow indicator is firmly stuck in negative territory at the -0.09 level. This data confirms that the capital flow entering the market is still dominated by sellers.
For retail investors, this situation demands patience. Large capital holders may have stopped parking their assets on exchanges, but their accumulation engine has not started up again either. As long as retail sellers still dominate the circulation of capital, the $1 price range will continue to be a tough battleground.
Reported from crypto.news.
Also read: How to Read Candlesticks for Beginners
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
