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XRP whale transfers to exchanges drop 98%, easing selling pressure as price nears $1.20 resistance.

Technical Signals
15 Jun 2026
Finbold
View Source
Neutral
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XRP whale-to-exchange transactions on Binance have plunged over 98% in three days, falling from 33,704 on June 12 to 554 by June 15. This sharp decline suggests reduced selling pressure from large holders, which may help XRP stabilize as it attempts to break above the $1.20 resistance level. Despite bearish technical indicators, XRP remains resilient above $1, supported by lower whale inflows and upcoming network upgrades aimed at improving efficiency. Investors are watching key support levels around $1.14 and $1.10, alongside broader market and regulatory factors influencing price movements.

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