Ripple whales have made headlines this week by withdrawing over 231 million XRP from Binance, a staggering amount valued at more than $335 million. This mass exodus of tokens from the exchange signals a pivotal shift in the behavior of large holders, particularly after XRP briefly surged past the $1.70 mark before settling around $1.40. Traders are now keenly observing whether these significant outflows will continue as the market adjusts.
According to crypto analytics expert Darkfost, this recent spike in whale outflows marks the highest level in six months, well above the 90-day daily average of approximately $40 million. Such substantial movements often indicate a strong conviction among large investors, especially following XRP’s impressive performance, which saw the token gain over 40% in just one week, adding approximately $25 billion to its total market capitalization.
Surge in Network Activity
Alongside the whale withdrawals, XRP’s network activity has also seen a dramatic increase. Active addresses soared by over 654%, leaping from 47,180 to an astonishing 356,070. This spike in engagement typically suggests heightened trading interest, which can lead to greater price volatility. Analysts believe that this uptick in network participation is a bullish signal, potentially setting the stage for further price movement.
$XRP NETWORK ACTIVITY EXPLODED!
Active addresses have surged 654.71%, jumping from 47,180 to 356,070.
That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8apic.twitter.com/1eJA319sJk
— Ali Charts (@alicharts) August 24, 2026
This surge in activity reflects a growing number of wallets interacting with the XRP network, suggesting that traders are increasingly engaged during this bullish phase. As trading interest heightens, larger price swings could follow, making the next few days critical for XRP’s trajectory.
Market Dynamics and Liquidations
The impressive gains have led to increased volatility among leveraged traders. Recent data reveals that long liquidations amounted to approximately $4.66 million, reflecting a 31.82% increase in a single day. Conversely, short liquidations rose by 61.61% to around $1.13 million. The disparity in these figures indicates that many leveraged buyers were forced out of their positions as spot selling pressure mounted.
A $XRP buy wall has formed below current price.
However, there is a sell wall around $1.5. pic.twitter.com/ZSNb8vZsIS
— CW (@CW8900) August 27, 2026
Charts indicate a buy wall forming just below the current price, potentially providing support around $1.40. However, resistance remains present near the $1.50 to $1.55 range, complicating the outlook for XRP. The Money Flow Index has also dipped to 35.89 from about 60, suggesting weaker buying momentum without entering oversold territory. This situation leaves traders eager to see if Ripple whales can sustain the recent recovery and hold the price steady as volatility continues.
