
XRP returned to $1.16 as larger wallets accumulated during a muted trading rebound, while falling whale deposits to Binance and easing exchange inflows pointed to lower near-term selling pressure.
XRP moved back above $1.16 as larger holders kept accumulating while the smallest wallets reduced exposure. Wallets holding between 100,000 and 100 million XRP increased their combined balances by 2.8% over the past five weeks, while wallets with less than 0.01 XRP cut theirs by 5.2%, according to Santiment. The analytics firm said XRP has historically tracked the behavior of major stakeholders more closely than micro wallets, making the divergence a constructive signal. CoinMarketCap data showed the token traded between $1.13 and $1.16 over the past 24 hours and was up 0.06% at the time of writing. Additional support came from a drop in whale deposits to Binance: CryptoQuant analyst Darkfost said inflows fell to 25.3 million XRP, the lowest since January 2025, while the 90-day average value of whale inflows declined to about $69 million from roughly $460 million earlier this year. Santiment said improving institutional access through XRP ETF products, the resolution of Ripple’s legal dispute with the U.S. Securities and Exchange Commission, and continued XRP Ledger use for payments, tokenization and Ripple USD are supporting sentiment, though weaker spot activity on Binance and Upbit suggests retail demand remains subdued.