XRP Flashes Bullish Signals as Whale Selling Dries Up

XRP is showing positive on chain movement as prices trade near $1.14 after a two percent daily gain. On chain data shows whale inflows to Binance have dropped sharply, falling from a peak of 583 million tokens down to just 25.3 million. This significant drop in exchange deposits suggests that major selling pressure from large holders is finally fading.

At the same time, wallet data points to a clear trend of accumulation among big players. Addresses holding between 100,000 and 100 million XRP grew their holdings by nearly three percent over a five week period. Smaller retail wallets went the opposite direction and reduced their positions, which often happens when major stakeholders quietly build up their positions during quiet market phases.

Despite these positive signs, overall spot trading volume on major exchanges remains relatively weak. Analysts note that this thin volume means retail excitement has not fully arrived yet, leaving room for organic demand to grow over time. Market watchers should keep a close eye on incoming spot buying volume and broader market trends to see if this consolidation turns into a larger rally.