XRP whales are on a buying spree via Binance

By Finbold | Created at 2026-06-12 11:26:22 | Updated at 2026-06-14 13:23:55 2 days ago

XRP, the native crypto token of XRP Ledger (XRPL) network, has experienced renewed demand from whale investors on the Binance exchange.

Between June 3 and June 11, 2026, XRP daily outflows from Binance exceeding 1 million tokens totaled 465 million tokens, valued at about $530.1 million, according to CryptoQuant data analyzed by Finbold on June 12.

The renewed demand for the token on Binance followed its sustained inflows from May to early June. Specifically, the 30-day inflow of XRP whales to Binance shows that large wallets deposited 1.33 billion tokens, as per metrics from CryptoQuant.

Historically, an increase in whale withdrawals from crypto exchanges has fueled bullish sentiment. On the other hand, an increase in whale deposits to cryptocurrency exchanges has contributed to increased selling pressure.

For instance, the renewed demand for XRP from whale investors over the past week coincided with bullish sentiment toward the token. Although the altcoin has dropped nearly 22% over the past 30 days, it has signaled a potential rebound in June, forming a possible double bottom.

XRP price prediction amid renewed whale demand

Amid the renewed demand for the token by whale investors, the Finbold AI Agent – an advanced financial assistance tool – has made a bold 7-day prediction for this token. The Finbold AI Agent forecasts the token’s price to drop an average of 2.92% over the next 7 days to reach $1.11 on June 19.

The AI could be forecasting a reduced price capitulation over the coming week amid less selling pressure on Binance. However, if whale investors on Binance increase their selling pressure, the altcoin could continue to fall, potentially slipping below $1.

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