TLDR
- Ripple whales withdrew more than 231 million XRP, worth over $335 million, from Binance in one day.
- XRP whale outflows reached their highest level in six months, far above the 90-day average of about $40 million.
- XRP gained more than 40% over the past week, adding roughly $25 billion to its market value.
- XRP active addresses jumped over 654%, rising from 47,180 to 356,070.
- Long liquidations reached about $4.66 million, showing pressure on leveraged traders after the rally.
Ripple whales have sharply increased XRP withdrawals from Binance after the token briefly moved above $1.70. XRP later settled near $1.40 as traders watched whether large holders would keep removing coins from exchanges.
CryptoQuant analyst Darkfost reported that whales withdrew more than 231 million XRP in one day. The transfers were worth over $335 million, far above the 90-day daily average of about $40 million.
Ripple Whales Drive Binance Outflows
The latest withdrawal spike marks the strongest whale outflow from Binance in six months. Darkfost said the move showed a clear change in behavior among large XRP holders after the recent price rally.
XRP gained more than 40% over the past week, adding about $25 billion to its market value. Darkfost said continued accumulation could support another move higher, with $2 remaining a possible short-term price target.
Analyst Ali Martinez also reported a sharp rise in XRP network activity this week. Active addresses increased to 356,070 from 47,180, a jump of more than 654% within the measured period.
$XRP NETWORK ACTIVITY EXPLODED!
Active addresses have surged 654.71%, jumping from 47,180 to 356,070.
That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8a pic.twitter.com/1eJA319sJk
— Ali Charts (@alicharts) August 24, 2026
The rise shows that more wallets interacted with the network during the rally. Higher activity often appears during periods of stronger trading interest, while larger price swings can also follow as participation grows.
Liquidations Add Short-Term Pressure
Derivatives data showed pressure after XRP price cleared liquidity near resistance and returned toward support. Long liquidations reached about $4.66 million, up 31.82% daily, while short liquidations rose 61.61% to around $1.13 million.
Long liquidations remained nearly four times larger than short liquidations. That gap shows the pullback forced many leveraged buyers out of positions as spot selling also weighed on the market. Analyst CW8900 shared a one-hour XRP/USD chart showing a large buy wall below the market near $1.40. The order block could provide support if sellers continue pressing the price lower.
A $XRP buy wall has formed below current price.
However, there is a sell wall around $1.5. pic.twitter.com/ZSNb8vZsIS
— CW (@CW8900) August 27, 2026
The same chart showed a sell wall around $1.50 to $1.55, with volume above 15,000. XRP may trade between these zones until buyers absorb the sell orders. The Money Flow Index also fell to 35.89 from about 60, showing weaker buying pressure without reaching oversold levels. That leaves traders focused on whether Ripple whales can offset weaker momentum and keep the recent XRP recovery intact near support during the next trading sessions.
