Whale Withdrawals Plummet on Binance Amidst XRP Consolidation

Large XRP holders on Binance have dramatically scaled back their withdrawal activity, with a key on-chain metric plunging to its lowest level in more than two months.

According to CryptoQuant analyst Arabchain, the 30-day cumulative whale withdrawal indicator for XRP on Binance has contracted to approximately 885.1 million tokens, down from elevated outflows seen earlier this year.

The slowdown coincides with XRP trading in a relatively tight band, suggesting that major players are refraining from directional bets while waiting for a fresh catalyst.