Major

Million

Stable

<h3 id="what-to-know">What to know:</h3>
<ul>
 <li>Binance recorded 122 million XRP whale withdrawals, the highest level since February.</li>
 <li>These XRP whales increased exchange outflows despite prices remaining below February trading levels.</li>
 <li>Stable XRP prices and rising withdrawals have fueled speculation about tightening exchange supply.</li>
</ul>
Binance recorded its biggest XRP whale withdrawal activity since February after more than 122 million XRP left the exchange in large transactions. <a href="https://cryptoquant.com/insights/quicktake/6a1403f3f2609c4353777b7f-XRP-Withdrawals-Above-1M-Per-Transaction-Hit-122M-on-Binance-First-100M-Day-Sinc" rel="noopener noreferrer nofollow">According to CryptoQuant analyst Amr Taha</a>, every transfer involved over 1 million XRP, signaling aggressive movement from major holders while XRP traded near $1.35. 
The latest spike marked the first time since February 9 that Binance processed more than 100 million XRP in whale-sized outflows within a single day. During the February event, withdrawals climbed to 278 million XRP while XRP traded around $1.43, making the current surge notable since whales increased withdrawals despite lower prices. 
<h2 id="binance-whale-activity-signals-possible-supply-tightening">Binance Whale Activity Signals Possible Supply Tightening</h2>
The latest data showed Binance dominating<a href="https://36crypto.com/alert-xrp-open-interest-on-binance-surge-to-2-month-high-what-it-means-for-price/" rel="noopener noreferrer nofollow"> XRP whale outflows</a> compared to other major exchanges. Coinbase, Kraken, Bitstamp, Bybit, and Upbit recorded activity as well, although Binance accounted for the overwhelming majority of large withdrawals. 
Moreover, the chart revealed that elevated whale transfers continued appearing throughout March, April, and May. XRP price, however, remained trapped between roughly $1.30 and $1.45 during most of that period, creating a divergence between price movement and exchange outflows. 
Also Read: <a href="https://36crypto.com/bitcoin-maximalist-admits-ethereum-crisis-looks-worse-than-investors-expected/" rel="noopener noreferrer nofollow">Bitcoin Maximalist Admits Ethereum Crisis Looks Worse Than Investors Expected</a> 
<div id="attachment_71502" class="wp-caption aligncenter"><img src="https://36crypto.com/wp-content/uploads/2026/05/h6Jb4g9_1800dd93c328ad434f0b1cb3501162205c444c28e4f770b861fe270d4862e966-400x225.webp" alt="xrp" width="1118" height="630" title="Alert: XRP Withdrawals Above 1 Million Just Rocketed on Binance - What's Going On? 2">
 Source: CryptoQuant
</div>
According to Taha, large withdrawals from exchanges can immediately reduce the available selling supply on spot markets. That trend becomes more important when transactions involve whale-sized movements instead of smaller retail transfers. 
Additionally, the current withdrawal spike developed while XRP traded nearly 5.6% below February levels. Large holders still moved substantial amounts away from Binance despite weaker short-term price momentum across the broader market. 
<h2 id="xrp-price-stability-adds-another-layer-to-whale-activity">XRP Price Stability Adds Another Layer to Whale Activity</h2>
The chart also suggested that whales continued to reduce exchange exposure during consolidation periods. Consequently, some traders may interpret the activity as a sign that major holders expect stronger positioning opportunities ahead. 
Meanwhile, <a href="https://36crypto.com/xrp-exchange-supply-suddenly-drops-as-investors-bet-on-massive-recovery/" rel="noopener noreferrer nofollow">XRP</a> price remained relatively stable despite the unusually large transfer volume leaving Binance wallets. Sustained outflows combined with stable pricing conditions often become important indicators that traders monitor during accumulation phases. 
According to the CryptoQuant analyst, market participants now watch whether XRP begins to respond to the tightening liquid supply visible across Binance reserves. Continued whale withdrawals could eventually influence short-term market structure if exchange balances keep declining over the coming weeks. 
Binance just recorded its largest XRP whale withdrawal day since February after 122 million XRP exited the exchange through transactions above 1 million XRP. The movement developed while XRP traded below previous spike levels, increasing speculation surrounding supply tightening and potential future price reactions. 
Also Read: <a href="https://36crypto.com/coinbase-ceo-reveals-eight-major-changes-that-could-transform-global-finance/" rel="noopener noreferrer nofollow">Coinbase CEO Reveals Eight Major Changes That Could Transform Global Finance</a> 
The post <a href="https://36crypto.com/alert-xrp-withdrawals-above-1-million-just-rocketed-on-binance-whats-going-on/" rel="noopener noreferrer nofollow">Alert: XRP Withdrawals Above 1 Million Just Rocketed on Binance – What’s Going On?</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Alert: XRP Withdrawals Above 1 Million Just Rocketed on Binance – What’s Going On?

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