XRP whale investors executed large-sized trades while tokens moved away from major exchanges in recent weeks, yet the cryptocurrency's market pace remained unchanged. XRP traded near $1.10 at the time of writing, well below its early 2026 high of around $2.30, with the price stable despite withdrawal activity. Spot Average Order Size data classified most recent trades as 'Big Whale Orders,' indicating continued participation by larger holders. The withdrawal trend accelerated toward the end of June, with Binance XRP reserves falling to approximately 2.61 billion tokens from nearly 2.80 billion in March. However, XRP's velocity metric stood at 0.0034, well below earlier spikes this year, suggesting the whale activity and exchange outflows had not yet translated into increased network-wide token movement or market response.
Whale-Sized Orders Dominate Recent XRP Trading Activity
The Spot Average Order Size chart revealed that most recent trades can be classified as 'Big Whale Orders.' The data indicated that bigger hands remained active despite the evident fall in the altcoin's price. XRP was trading near $1.10 at the time of writing, well below its early 2026 high of around $2.30, despite the price being stable in recent weeks. The price chart did not show whether these investors had been buying or selling, but merely hinted at participation.
Binance XRP Reserves Drop to 2.61 Billion Tokens
The whale activity came along with XRP reserves on Binance falling. The number dropped to around 2.61 billion XRP from nearly 2.80 billion in March. Users were possibly moving tokens away from the platform, which may reduce the amount of tokens available to sell. The drop got harder toward the end of June.
Withdrawal Transactions Exceed Deposits Across Three Major Exchanges
According to analyst Amr Taha, Coinbase's seven-day net transaction count dropped to around -13,000, its most withdrawal-heavy level in nearly five months. Binance fell to roughly -5,600 transactions and Bybit moved from about +27,000 in early June to nearly neutral by mid-July. Withdrawal transactions were higher than deposits across all three platforms.
Low Velocity Metric Shows Market Pace Unchanged
XRP's velocity was near 0.0034 at the time of writing, well below the larger spikes seen earlier in the year. Low velocity means XRP was not moving frequently across the network. The whale-sized orders and the fall in exchange balances had not spread enough to cause a change in pace. The token's price was also too steady, meaning the market response may still be due. For now, large holders may be active, but nothing seemed to have come out of it so far.
FAQ
What did XRP whale investors do in recent weeks?
XRP whale investors executed large-sized trades classified as 'Big Whale Orders' according to Spot Average Order Size data. Binance XRP reserves fell to approximately 2.61 billion tokens from nearly 2.80 billion in March, indicating tokens moved away from the exchange.
Why hasn't XRP's market pace increased despite whale activity?
XRP's velocity metric stood at 0.0034 at the time of writing, well below earlier spikes this year. This low velocity means XRP was not moving frequently across the network, so the whale-sized orders and fall in exchange balances had not spread enough to cause a change in pace.
