XRP whales are stirring in the market, but their activity isn't translating into significant price movements. According to data from Cryptoquant, large order sizes have been dominating recent trades, indicating that bigger hands are still active.
The Spot Average Order Size chart shows that most recent trades can be classified as 'Big Whale Orders,' suggesting that these investors are driving market activity.
However, despite this whale activity, XRP reserves on Binance have been falling. In March, the platform held around 2.80 billion XRP, but by June, this number dropped to approximately 2.61 billion. This decline may indicate that users are moving tokens away from the platform, reducing the amount available for sale.
The price of XRP has been stable in recent weeks, trading near $1.10, which is well below its early 2026 high of around $2.30.