Amr Taha
XRP Whale Dominance Hits Highest Levels Since 2024, at 91.4% on Binance and 90.5% Across CEXs as Retail Share Falls to Multi-Year Lows
XRPโs exchange outflow structure has shifted sharply toward large holders, creating one of the clearest whale-led readings since 2024. On Binance, XRP Whale Outflow Dominance has risen to 91.4%, while Retail Outflow Dominance has dropped to 8.4%. This means most XRP leaving Binance is now being driven by whales transfers, not smaller retail-sized flows. The important signal is not simply that XRP is moving out of Binance. The key point is who is driving the movement. The same pattern is also visible across the broader exchange market. All CEX Whale Dominance has climbed to 90.5%, its highest level since 2024, while All CEX Retail Dominance has fallen to 9%, its lowest level since 2024. This confirms that whale dominance is not limited to Binance alone, but appears across centralized exchanges. This reading also stands in sharp contrast to the July 2025 setup. At that time, retail dominance reached one of its strongest levels on the indicator near 2%, while XRP was trading close to its cycle peak around $3.5. That retail-heavy structure was later followed by a sharp decline of more than 61%, showing how fragile the market became when smaller participants were highly visible near the top. The current setup looks very different. Instead of retail flows becoming more visible near a price peak, XRP outflows are now heavily whale-driven. Binance whale dominance stands at 91.4%, and all-exchange whale dominance stands at 90.5%, showing that large holders are responsible for most of the current XRP outflow activity. This does not automatically confirm accumulation, because exchange outflows can happen for several reasons. However, the structure clearly shows that XRPโs current outflow activity is being led by larger players rather than retail traders. The main takeaway is clear: XRP outflows are now dominated by whales, not only on Binance but across centralized exchanges.