Key Insights: XRP price traded near $1.06 on Thursday as exchange data showed stronger whale withdrawal activity. Coinbase recorded a rising share of large outflowsKey Insights: XRP price traded near $1.06 on Thursday as exchange data showed stronger whale withdrawal activity. Coinbase recorded a rising share of large outflows

What’s Next for XRP Price as Whale Outflows Rise and Reserves Hit New Lows?

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Key Insights:

  • Coinbase whale outflow share jumped to 25.7%, while Binance stayed near 50%.
  • Binance and Upbit reserves fell by about 228M XRP during the latest drawdown.
  • XRP price must reclaim $1.10 to ease downside pressure after sweeping lower liquidity.

XRP price traded near $1.06 on Thursday as exchange data showed stronger whale withdrawal activity. Coinbase recorded a rising share of large outflows, while Binance still carried heavier whale-driven transfers.

The shift came as Binance and Upbit reserves dropped to multi-month lows. That reserve decline reduced available exchange supply, but price action still needed confirmation above $1.10.

XRP Price Prediction: $1.10 Sets Recovery Test

XRP price now needs a move above $1.10 to ease near-term pressure. The level has become important after the recent sweep of downside liquidity. A move above it could help buyers regain control of the short-term trend.

However, current momentum has not yet shown enough strength for a clear reclaim. XRP price remains close to the lower range after several failed recovery attempts. If buyers cannot hold above $1.10, XRP may face another move toward the $1 area.

Market analyst Alex Marzell said XRP price has to reclaim $1.10. He noted that weak momentum could leave the token exposed to more downside. He also said a move below $1 in the coming weeks would not surprise him.

XRPUSD 1-Day Chart | Source: XXRPUSD 1-Day Chart | Source: X

The chart also shows a wider resistance zone above the current price. XRP price must break that area before traders can focus on higher targets. A stronger move through resistance could open the way toward $2, but only after confirmation.

XRP Whale Outflows Rise on Coinbase and Stay High on Binance

CryptoQuant data shows a sharp change in Coinbase XRP withdrawals. Transfers above 1 million XRP accounted for about 10% of Coinbase outflow value on June 16. By July 1, that share had climbed to 25.7%.

XRP Coinbase Daily Outflow | Source: CryptoQuantXRP Coinbase Daily Outflow | Source: CryptoQuant

This means large transactions more than doubled their share in just over two weeks. The increase shows that bigger holders now account for more XRP leaving Coinbase. However, the data does not show where those tokens moved afterward.

Binance showed a different pattern during the same period. Transfers above 1 million XRP already dominated its withdrawal mix. By July 1, they made up 49.6% of total XRP outflow value.

XRP Binance Daily Outflow | Source: CryptoQuantXRP Binance Daily Outflow | Source: CryptoQuant

That reading means nearly half of Binance’s XRP outflows came from large transfers. Coinbase is seeing a faster rise from a lower base. Binance still shows the stronger whale-heavy structure in relative terms.

Binance and Upbit Reserves Drop to Multi-Month Lows

Exchange reserve data also shows lower XRP balances on major trading platforms. Binance reserves fell from about 2.78 billion XRP on May 12 to 2.61 billion XRP on July 2. That marks a decline of roughly 170 million XRP.

The latest Binance balance sits at its lowest level since March 2026. Binance remains one of the largest XRP crypto trading venues. A lower balance may reduce the amount of XRP available for immediate spot trading.

Upbit also recorded a reserve decline during the same period. Its XRP crypto balance fell from about 6.515 billion XRP on May 30 to 6.457 billion XRP on July 2. That equals a drop of about 58 million XRP.

XRP Multi-Exchange Daily Reserve | Source: XXRP Multi-Exchange Daily Reserve | Source: X

Binance and Upbit saw about 228 million XRP leave tracked reserves. Upbit still holds the largest reserve among the exchanges shown on the chart. Even so, its latest balance now sits at its lowest level since April 2026.

Lower exchange reserves data alone does not prove long-term accumulation. Bithumb also showed a different picture from Binance and Upbit. Its XRP reserve stayed near 1.84 billion XRP. That suggests the reserve decline has not spread across every major Korean venue.

The post What’s Next for XRP Price as Whale Outflows Rise and Reserves Hit New Lows? appeared first on The Market Periodical.

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