XRP whale outflows from Binance fell to a 90-day moving average of approximately $49.7 million as of October 20, 2026, marking the lowest level since October 2021. This represents a dramatic decline compared to February 2025, when the same metric peaked at around $3.5 billion with multiple instances exceeding $10 billion. On-chain analyst Darkfost attributes this slowdown to XRP’s relative price resilience during the current bear market, as large buyers have less incentive to accumulate when prices do not drop significantly. Without renewed whale participation, XRP’s long-term buying volume support could weaken. In late September 2026, whales accounted for approximately 82% of total centralized exchange outflows at one point.
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