XRP Price Holds 'Best Accumulation Zone' as Whales Pull $170M From Binance

Whales removed about $170 million in XRP from Binance as the crypto's price holds a key accumulation zone between $1.35 and $1.40. CryptoQuant data show daily withdrawals surpassing 100 million XRP for the first time since February, with 122 million XRP moved on May 22, valued around $170.8 million at the time. The outflows occur as XRP trades near $1.35, a context analysts describe as a meaningful support area that could attract larger holders. US-based spot XRP ETFs continued to attract inflows, totaling about $116.75 million over 16 straight days.

Analysts warn that a break above resistance near $1.50 could trigger a larger rally, potentially revisiting the $2.33 level if volume supports a breakout. Some see the zone as a longer-term accumulation, with one predictor suggesting a possible ascent to $10 in a cycle like 2022-24, though such targets remain speculative. The price has trended in a narrow band from roughly $1.30 to $1.50 since February, and traders monitor whether support at $1.30 can hold to enable a sustained move higher.