XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story
XRP is struggling below $1.40 as selling pressure keeps the price pinned in a range that has frustrated bulls for weeks without delivering the breakout that the recovery narrative requires. The market is cautious — but a CryptoQuant analysis tracking exchange-level flow data has identified a behavioral divergence between two of the world’s largest crypto venues that adds a structural dimension to the current setup that the price chart alone cannot reveal. Related Reading: HYPE Accumulation Intensifies As Whale-Linked Position Surpasses $100M The analysis examines the composition of XRP outflows on Binance — specifically the share of daily withdrawals dominated by transactions above one million XRP, the threshold that typically identifies whale-scale activity. That share has climbed to 57.6%, the highest reading since the 66% spike recorded on March 28. A similar elevated reading appeared in late April, near 60%. Three separate instances of whale withdrawal dominance, all occurring with