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XRP whale activity rises as Binance reserves drop, but market movement remains slow.

Market News
16 Jul 2026
AMBCrypto
View Source
Neutral
XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating large holders are moving tokens off exchanges. Despite this, XRP's price remains stable near $1.10, well below its early 2026 peak, and the token's velocity is low, suggesting limited trading activity. This means that while whales are active, the broader market has yet to respond with increased demand or price movement.

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