XRP whales withdraw 231 million tokens from Binance
XRP (XRP)
Editor:
Eugene Serbin
digitaltoday.co.kr reports that XRP whales withdrew 231 million XRP from Binance in a single day, marking the largest outflow in six months. Blockchain outlet The Crypto Basic noted this event on August 26, highlighting that large holder movements have become a new market variable. CryptoQuant analyst Darkfost stated the withdrawals exceeded $335 million, contrasting sharply with the 90-day average net whale outflow of roughly $40 million.
This surge coincided with a price increase from $0.987 to $1.70, adding approximately $44 billion to XRP’s market capitalization over three days. Darkfost interpreted the trend as a shift to personal wallets, which reduces immediately tradable supply and suggests an accumulation phase. Meanwhile, CryptoQuant analyst Arab Chain observed that whale inflows into Binance reached 1.451 billion XRP over 30 days, a four-month high.
He clarified that this rise resulted from steady whale activity rather than single large transactions, indicating some holders are moving tokens out while others adjust positions. Arab Chain noted that while inflows can signal potential selling, the simultaneous rise in outflows creates a complex supply-and-demand dynamic. Darkfost suggested that if this accumulation continues, XRP could test $2 in the relatively near future. He emphasized that the future price direction depends on how fund flows in and out of Binance develop.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 27 August 2026. Not the outlet's figures.
XRP is currently trading at $1.42 with a 24-hour buy ratio of 51.9%, indicating that buying pressure has slightly outweighed selling over the full day. However, shorter timeframes show weaker momentum, with the 1-hour buy ratio at 45.2% and the 4-hour ratio at 47.6%, suggesting recent buying pressure is fading. The 24-hour volume delta is positive at +$8,976,592, meaning more money flowed into buys than sells over the day, but the 1-hour delta is negative at -$784,340, showing immediate selling dominance. CVD closed at -$2,152,983, confirming that net selling pressure has been the dominant force in the most recent close. Net buying occurred for only 9 of the last 24 hours, highlighting inconsistent buyer commitment. Spot volume reached $238,596,035 with 1,648,472 trades, showing active but mixed sentiment.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Twenty-four hours later
What XRP did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.9%, while the latest day saw a 3.0 percentage point increase, indicating a slight shift toward buying compared to the weekly norm. Despite this improvement in ratio, trading volume was only 0.51x the average, meaning activity was significantly lower than usual. The coin experienced a 28.7% price increase over eight days, yet the total volume delta for that period was -$61,148,055, showing net outflow despite the price rise. There were zero days of net buying in the past week, contrasting with the single day of net buying recorded in the last 24 hours. This suggests that while price action was strong, the underlying volume support was weaker than average and largely driven by outflows rather than consistent daily buying.