XRP whales have been active in recent times, but this has not translated into significant market movement. According to Cryptoquant's data, 'Big Whale Orders' have dominated recent trades on XRP.
This suggests that larger investors are still participating in the market, despite the altcoin's price dropping below $1.10 from its early 2026 high of around $2.30.
The chart does not indicate whether these investors are buying or selling, but it shows their involvement.
Binance XRP reserves have fallen to 2.61 billion, down from nearly 2.80 billion in March, possibly indicating that users are moving tokens away from the platform, reducing the available supply for sale.