XRP is trading above $1.41 as the market consolidates. A CryptoQuant report reveals a dramatic shift in whale behavior: 30-day cumulative inflows to Binance have plummeted from 2.6 billion XRP in March to just 736 million XRP, the lowest level since November 2021.
This 72% reduction suggests the largest holders have stopped sending tokens to exchanges, removing a primary source of selling pressure.
Analysts cite two likely explanations: whales are less inclined to sell at current levels, or they are watching the market before making any major moves. Crucially, inflows continued to decline even through recent volatility, confirming the shift is deliberate.
XRP is consolidating between $1.30 and $1.45, with the 50-day moving average acting as resistance. Volume has declined as the market awaits a catalyst.
If low whale inflows persist alongside improving demand, XRP may have the structural conditions to build a stronger price base.