XRP whale income on Binance has dropped to the lowest level since November 2021, according to to CryptoQuant Arab Chain analyst.
Summary
- XRP whale inflows to Binance are down sharply, allaying fears of more near-term selling pressure.
- Analysts say a confirmed XRP close above $1.45 could reopen the path towards $1.80 next.
- ETF inflows and weak exchange deposits are supporting XRP, but $1.45 is still an important level to launch.
The 30-day reading inflow decreased from about 2.6 billion XRP at the beginning of March to about 736 million XRP.
Large transfers in trading often attract attention because they can indicate potential sales or portfolio changes. Low entry readings can reduce the risk of sudden sell orders from large holders, especially during volatile market times.
The latest drop also coincides with an earlier coverage by crypto.news, which reported that XRP whale inflows to Binance had already hit a multi-year low in January. Meanwhile, the trend points to easing short-term selling pressure as XRP tries to hold its range.
The price sits near key resistance
Ripple’s traditional token (XRP) is trading close to $1.42, with a 24-hour trading volume of more than $2.64 billion and a market capitalization of close to $87.5 billion, according to crypto.news data. The token is down about 1.4% on the day but remains up 3.5% over the past seven days.
Analyst Ali Martinez said XRP needs a confirmed move above $1.45 to return to the $1.80 focus. “A confirmed close above $1.45 could open the door to $1.80,” he said, according to market commentary shared on X.
That level remains important because XRP recently failed to hold above the same resistance area. Until buyers buy it back with steady volume, the token may continue to trade within the normal range.
ETF demand adds market support
XRP also found support in ETF-related demand. As Crypto.news reported, US-listed XRP ETF products pulled in $81.63 million in April, marking their strongest monthly total of 2026.
That April outing completely reversed March’s record monthly loss. XRP ETFs created a 20-day inflow before that started on April 30.
The ETF trend gives XRP another source of demand at a time when Binance whale deposits are slow. However, the entry alone did not push XRP into a clear breakout. Price action still depends on whether buyers can clear the $1.45 area.
The bulls are watching the long-term level of $3.35
Some analysts are also watching XRP set a new high. Market commentary from CW said that XRP is showing a bullish signal on the three-week chart after the RSI crossed above its moving average.
The same analysis said a big rally would need a break above the old price near $3.35. That level remains above the current market price and remains a long-term resistance zone.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.
