{"id":78685,"date":"2026-05-08T09:07:44","date_gmt":"2026-05-08T02:07:44","guid":{"rendered":"https:\/\/hbbgroup.net\/xrp-market-now-controlled-by-whales-dominance-reaches-91-on-binance\/"},"modified":"2026-05-08T09:07:44","modified_gmt":"2026-05-08T02:07:44","slug":"xrp-market-now-controlled-by-whales-dominance-reaches-91-on-binance","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/xrp-market-now-controlled-by-whales-dominance-reaches-91-on-binance\/","title":{"rendered":"XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance"},"content":{"rendered":"
\n

US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day \u2014 a streak that coincides with a sharp shift in who is actually moving XRP off centralized exchanges.<\/p>\n

Whales Take Over The Outflow Picture<\/h2>\n

Large holders now account for 91.4% of all XRP leaving Binance, according to on-chain data<\/a> compiled by CryptoQuant analyst Amr Taha. Retail traders, by contrast, have been squeezed to just 8.4% of outflow activity on the platform.<\/p>\n

The gap is striking. And it isn\u2019t limited to Binance \u2014 across all centralized exchanges combined, whale-driven outflows have climbed to 90.5%, the highest reading recorded since 2024. Retail participation across those same platforms has slipped to roughly 9%, its lowest point in the same period.<\/p>\n

Source: CryptoQuant<\/a><\/figcaption><\/figure>\n

The numbers paint a picture of a market where small traders have largely stepped back, leaving the heavy movement to bigger players who rarely show their hand.<\/p>\n

Exchange Reserves Shrinking Fast<\/h2>\n

Separate data flagged by market watcher Xaif Crypto shows XRP<\/a> reserves on Binance are falling at a pace not seen since March. Deposit and withdrawal flows over the past 30 days have flipped, with withdrawals outpacing deposits by a growing margin.<\/p>\n

\n

Something\u2019s happening with XRP on Binance \ud83d\udc40<\/p>\n

net withdrawals just hit a 30-day reversal coins flying off the exchange at the fastest pace since March \ud83d\udcc9<\/p>\n

the supply shock is loading \u2026\u2026.. $XRP<\/a> https:\/\/t.co\/VXOQPJf1EX<\/a> pic.twitter.com\/nlJLdUOCA1<\/a><\/p>\n

\u2014 Xaif Crypto (@Xaif_Crypto) May 6, 2026<\/a><\/p>\n<\/blockquote>\n

When tokens leave exchanges at this speed, it typically means fewer coins are available for immediate sale \u2014 a condition that can tighten supply and affect pricing if demand stays steady or grows.<\/p>\n

The ETF inflow data adds weight to that picture. Reports indicate that institutional interest in XRP has been climbing, and two straight days of positive ETF flows<\/a> suggest that appetite has not cooled.<\/p>\n

Source: CryptoQuant<\/a><\/figcaption><\/figure>\n

What The Data Doesn\u2019t Confirm<\/h3>\n

Still, outflows don\u2019t tell the whole story. Data shows that whale withdrawals can reflect several different moves \u2014 long-term storage, transfer between wallets, or repositioning across platforms.<\/p>\n

None of those necessarily means buying. Taha\u2019s analysis acknowledged this directly, noting that exchange outflows alone cannot be treated as confirmation of accumulation.<\/p>\n

XRPUSD trading at $1.41 on the 24-hour chart: TradingView<\/a><\/figcaption><\/figure>\n

The contrast with mid-2025 is worth keeping in mind. Back then, retail participation spiked to around 2% dominance just as XRP approached its record high near $3.66.<\/p>\n

That surge in smaller-player activity was followed by a price drop of more than 60%. Today\u2019s market looks structurally different, with large holders driving nearly all movement. Whether that translates into price support remains to be seen.<\/p>\n

Featured image from MetaAI, chart from TradingView<\/em><\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day \u2014 […]<\/p>","protected":false},"author":5,"featured_media":78686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-78685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/78685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=78685"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/78685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/78686"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=78685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=78685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=78685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}