XRP is attempting to reclaim momentum toward the $2 mark as exchange flow data points to easing selling pressure from large holders. According to analytics provider CryptoQuant, recent Binance inflows do not show a fresh spike in whale-sized deposits, indicating that heavy distribution seen after a 2025 peak has moderated. The pattern suggests recent weakness in XRP may be more closely tied to liquidations and broader market risk rather than aggressive whale selling.
Whale Deposits to Binance Ease After 2025 Peak
Exchange inflows from large addresses are often watched as a proxy for potential selling. CryptoQuant’s assessment of Binance XRP inflows indicates that transfers associated with large holders have cooled since peaking in 2025. In recent sessions, on-chain and flow data have not recorded a renewed surge in whale-sized deposits to the exchange, a shift that can reduce immediate downside pressure if sustained.
While inflows alone do not determine price direction, a lull in large deposits typically signals that the most intense phases of distribution may be passing. That dynamic can provide room for price stabilization if broader market conditions are supportive.
Liquidations and Market Beta Weigh on Price
Despite the easing in whale-related inflows, XRP’s recent drawdowns appear aligned with market-wide volatility and leverage flushes. Derivatives liquidations can accelerate declines even without a concurrent rise in spot exchange deposits from large holders, as position unwinds ripple through order books. This context helps explain the token’s pullback without attributing it solely to active selling by major holders.
$2 Level Back in Focus
The $2 threshold remains a psychologically significant area for XRP traders and has historically acted as a key resistance zone. A sustained recovery toward that level would likely require improved market sentiment, healthier spot volumes, and contained leverage. Absent a resurgence in large exchange deposits, flows data currently tilt away from an imminent wave of whale-led selling; however, macro risk, regulatory headlines, and cross-market liquidity conditions remain important variables.
What to Watch
- Trends in large XRP deposits to centralized exchanges, especially Binance.
- Net exchange flows, open interest, and funding rates for signs of leverage buildup or stress.
- Spot market depth and volumes to gauge the strength of any recovery toward $2.
- Broader crypto market volatility and regulatory developments that could affect risk appetite.