XRP Whale Transfers Fall 57% in Nine Days as Price Holds the $1.20-$1.50 Range

XRP Whale Transfers Fall 57% in Nine Days as Price Holds the $1.20-$1.50 Range

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News Editor 01
2026-07-23 07:15:14
Large XRP transactions above $1 million fell from 157 to 67 in nine days, while exchange outflows stayed dominant. XRP remains range-bound between $1.20 and $1.50 and recently bounced after sweeping liquidity near $1.30.
XRPwhale activityon-chain dataexchange outflowsprice action

XRP whale activity cooled sharply over the last nine trading sessions, but price has not broken down. On-chain data showed transactions above $1 million falling from 157 to 67, a 57.3% drop. At the same time, exchange outflows continued to outweigh inflows, and XRP stayed largely contained inside the $1.20 to $1.50 trading range.

Large transfers fade as on-chain activity compresses

The source cited comments from Ali Charts, which described the current setup around XRP as a possible compression phase. Earlier readings close to 150 large transactions pointed to aggressive positioning from bigger market participants. That pace then slowed steadily, with counts moving down toward the 60 area. Fewer oversized transfers often mean less abrupt volatility during major sessions. In simple terms, the largest players have become quieter.

The report also noted that panic-driven whale distribution has not been visible in recent trading. Instead, larger holders appear to be staying on the sidelines while waiting for stronger directional confirmation. That kind of pause tends to show up when the market is shifting from one regime to another and conviction is still limited on both sides.

Exchange outflows remain dominant across recent months

Exchange flow data pointed in the same direction. Across recent months, negative netflow bars consistently outweighed inflows, suggesting that withdrawals from centralized platforms remained the dominant pattern. The article highlighted one major outflow event near $180 million in late November. Moves of that size are often associated with strategic repositioning by institutional-sized or whale participants, though broader demand was still too weak at the time to trigger an immediate recovery.

Since January, XRP has traded mostly between $1.20 and $1.50. Exchange activity also became less volatile as speculative participation weakened. Both inflow and outflow intensity shrank compared with earlier periods, showing hesitation from buyers and sellers alike when it came to putting on larger positions.

Price rebounds after a sweep near $1.30

In the latest 24-hour session, XRP remained under pressure from short-term sellers. Price started closer to the upper end of the daily range around $1.35 and $1.36, then sellers gradually took control as lower highs formed through the session. Overnight, XRP briefly dropped toward the $1.30 support area, a move that likely triggered clustered stop-loss orders sitting below local support.

Buyers responded quickly and pushed the token back toward $1.33, preventing a deeper breakdown during the weakest part of the session. After that liquidity sweep, XRP began to print gradually higher lows. Traders are now watching resistance near $1.36 and support around $1.31.

Market cap and volume stay elevated during consolidation

Even with short-term corrective pressure still in place, XRP’s market capitalization remained above $82 billion. Daily trading volume across major crypto exchanges also topped $3.2 billion. Those numbers suggest that market liquidity has stayed healthy during consolidation. The range is tight, whale activity is lower, but capital has not disappeared from the market.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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