XRP Whale Withdrawals Hit Six-Month High as Market Cap Adds $44 Billion

Large holders pulled over 231 million XRP off Binance in a single day, coinciding with a sharp rally in price and trading volume.

XRP Whale Outflows Surge Past Six-Month Average

The 231 million XRP withdrawal translated to more than $335 million pulled from Binance in a single day. That figure stands out against the 90-day average outflow, which sits closer to $40 million, according to data shared by crypto commentator Darkfost.

The scale of the move marks a sharp break from recent patterns. Whale wallets rarely move this much XRP off an exchange within such a short window.

Separate data from trader Crypto Patel points to a similar trend. Withdrawals climbed 4.3 times over just 48 hours, reaching the same 231 million XRP figure. Futures volume tied to XRP also reached $11.37 billion, the highest reading in more than six months.

The heavy withdrawals and elevated derivatives activity suggest large holders are repositioning. Moving tokens off exchanges typically reduces available sell-side supply on the platform.

Market Cap Gains Track Price and Volume Shifts

XRP’s market capitalization grew by $44 billion over three days. The token’s price performance during that window topped 70%, based on figures cited by Darkfost.

CoinGecko data puts XRP’s price at $1.43 as of the latest reading. The token carries a 24-hour trading volume of roughly $3.5 billion.

That daily snapshot shows a 3.73% decline over 24 hours. Measured over the week, XRP is still up 40.20%, reflecting the broader rally rather than a single-day move.

Crypto Patel’s figures also point to a 45% rebound tied to the same stretch of trading. The rebound lines up with the surge in both futures volume and whale withdrawal activity.

Continued accumulation by large holders could keep pressure on available exchange supply. Whether that dynamic pushes XRP toward the $2 mark remains tied to how withdrawal trends develop in coming days.