XRP whale outflows hit 5-year low – Why bulls should watch out

XRP withdrawals are shifting toward smaller transfers, changing how tokens move across exchanges. On Binance, XRP withdrawals of less than 10,000 XRP moving through the exchange grew from 3% to 19.7% over the period between September 30th and October 20th. Meanwhile, the number of exchanges where token moves were made for amounts exceeding one million XRP dropped from 60% to 38.6%. Coinbase recorded a steeper decline, with large-transfer shares dropping from 43% to 12.5%. While this shift reflects declining whale dominance in exchange transactions, it highlights a slowdown in large-holder transfers rather than active retail-led accumulation.

Source: AMBCrypto