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XRP whales withdraw $335M from Binance, sparking a 70% price surge and $44B market cap jump.

Market News
26 Aug 2026
Blockonomi
View Source
Bullish
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XRP whales withdrew 231 million tokens worth $335 million from Binance in a single day, the highest in six months. This large outflow coincided with a 70% price increase and a $44 billion rise in XRP's market capitalization over three days. Futures trading volume also hit a six-month high at $11.37 billion, indicating strong derivatives activity. These moves suggest large holders are repositioning, potentially reducing sell-side supply and supporting XRP's rally toward the $2 price level.

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