A major XRP whale has transferred 3,863,613 tokens worth about $7.5 million from Binance to an unknown wallet. On-chain analyst Xaif first flagged the movement, prompting fresh speculation across the XRP community. With XRP’s price staying flat in recent weeks, the timing and scale of the transaction drew attention. Large withdrawals from exchanges usually signal confidence, especially when initiated by high-net-worth individuals or institutions. Unlike short-term traders, whales often move assets off exchanges to hold or reposition for long-term gains not to sell.
This withdrawal, in particular, removed a significant amount of XRP from Binance, one of the largest crypto platforms globally. As a result, the exchange’s circulating XRP supply tightened. If demand holds steady or increases, this reduced supply could push prices higher.
Historical Pattern Suggests Bullish Setup
Such large withdrawals have triggered rallies before. Earlier this year, similar whale movements preceded price surges in XRP. Once again, this pattern suggests a potential bullish scenario.
Related article: Despite Market Turmoil, Analysts Say XRP Is Unlikely to Slip Below $1 Ever Again
The wallet receiving the transfer remains untagged a typical trait of anonymous whale wallets. These types of addresses usually belong to investors seeking privacy while accumulating tokens.
Whales Quietly Accumulate in 2025
Moreover, blockchain data shows steady accumulation among addresses holding 1 to 10 million XRP. This trend has become more pronounced in 2025. It suggests that major holders are positioning themselves for a longer-term rally. Analysts from Santiment and CryptoQuant have observed similar whale behavior in other top cryptocurrencies. They often link this pattern to upcoming bullish cycles.
Source: CoinMarketCap
Currently, XRP continues to trade around the $2.00 level. Despite minor price movements, it has held this psychological and technical support. The asset shows signs of coiling, which may indicate an imminent breakout.
Related article: Despite Market Turmoil, Analysts Say XRP Is Unlikely to Slip Below $1 Ever Again
Top analysts like EGRAG Crypto and CrediBULL Crypto highlight bullish chart formations on longer timeframes. Their outlook aligns with the idea that XRP could soon make a strong upward move, especially with whales returning to accumulation mode.
