Exchange-wide data showed whales accounted for 72% of XRP outflows and retail 27%, underscoring a Binance-specific concentration in large-holder transfers.
Large XRP holders again dominated Binance withdrawals on August 3, with whale outflow dominance reaching 81% on a seven-day moving average, the second time since June 11 that the measure has returned to that level after an 81.3% reading. Retail participation on Binance fell to 18%, matching June 11 and leaving roughly four-fifths of exchange outflow activity tied to whale-sized transfers and less than one-fifth to smaller traders. The broader centralized exchange market was less concentrated: across all CEXs, whale dominance was 72% and retail dominance 27%, compared with 79% and 20% on July 2. The gap suggests Binance saw a platform-specific rise in large-holder activity even as XRP outflows across the wider market became more balanced, and the metric tracks the share of whale versus retail transfers rather than total withdrawals or where the tokens were sent.