XRP (XRP) withdrawals from Binance have surged since late February, with on-chain data pointing to a sustained accumulation phase by mid-sized investors even as the token trades more than 60% below its all-time high.
XRP Binance Outflows
Analyst Darkfost flagged a sharp rise in outflow transactions on Binance starting at the end of February. Multiple days recorded more than 4,000 withdrawal transactions, with single-day peaks approaching 6,000.
The activity is concentrated in the 1,000 to 100,000 XRP range.
That bracket corresponds to retail and semi-institutional investors rather than whales or large funds rebalancing positions.
These holders are pulling XRP off the exchange and moving it into private custody. The pattern, repeated across thousands of transactions over several weeks, fits the profile of gradual accumulation rather than distribution.
XRP has held a range between $1.30 and $1.50 for months.
That relative stability stands out in a broader altcoin market where more than 40% of assets have reached or approached all-time lows.
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Darkfost Breakout Outlook
From a technical standpoint, XRP remains below its 50-day, 100-day and 200-day moving averages. All three are sloping downward, reinforcing a bearish broader trend.
Support near $1.25–$1.30 has been tested multiple times without a decisive breakdown. That suggests buyers are absorbing selling pressure at the lower end of the range. Volume spikes during capitulation phases have given way to quieter trading, indicating reduced panic selling.
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