XRP is showing one of the strongest accumulation signals traders watch during major market transitions: large-scale exchange withdrawals. While the asset continues to trade near the $1.43 range with relatively calm price action, on-chain data suggests that major holders may be preparing for a much larger move. Markets often become most deceptive during quiet periods. Retail traders often interpret sideways trading as weakness, but whales often use these moments to build positions quietly. When large amounts of XRP leave exchanges rather than entering, many analysts view it as a sign that investors expect higher prices ahead rather than an immediate sell-off. Crypto analyst Xaif recently highlighted this exact setup after pointing to fresh Santiment data showing that 34.94 million XRP left exchanges within just 24 hours on April 24, 2026. That figure ranked as the sixth-largest single-day XRP outflow of the year. Xaif described the move as a strong sign of whale accumulation and noted that similar exchange outflow events have historically preceded significant XRP price rallies. WHALES ARE PULLING XRP OFF EXCHANGES! 34.94M $XRP FLED exchanges in 24hrs the 6TH LARGEST OUTFLOW DAY of the year This has happened before. You know what came next $XRP https://t.co/Mn6Ua5SV9e pic.twitter.com/nSEzwf1dGy — Xaif Crypto (@Xaif_Crypto) April 24, 2026 Why Exchange Outflows Matter Exchange outflows often reveal investor intent more clearly than short-term price action. When whales move XRP off centralized exchanges, they usually transfer those holdings into private wallets or long-term custody rather than preparing to sell. This shift reduces the amount of XRP readily available for sale on exchanges . If buying pressure increases while supply tightens, prices can rise faster. Analysts often see this pattern as a classic setup for supply shock , especially when large holders drive the movement. Recent market data also shows that whales dominated these withdrawals. Large holders reportedly drove most Binance XRP outflows during this period, reinforcing the view that institutional players or high-net-worth investors are positioning for a bigger move. Open Interest Reset Adds More Strength Xaif also pointed to Binance XRP Open Interest Z-Score data, which shows the 30-day rolling metric flattening near zero. This signal suggests that speculative leverage has largely left the market. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 This reset matters because many major XRP rallies started after traders flushed excessive leverage from the system. When leverage disappears, spot buying—not aggressive derivatives trading—usually drives the next move. Xaif compared the current setup to previous market conditions that preceded XRP’s explosive rally from around $0.50 to above $3.00. In those cases, compressed open interest created healthier market conditions for sustainable upside. What Traders Are Watching Next XRP continues to hold above the important $1.40 support zone while testing resistance near $1.46. Analysts believe a decisive breakout above that level could open the door for stronger upside momentum. Technical indicators, such as a neutral Relative Strength Index and improving market structure, suggest XRP still has room to move higher without entering overheated conditions. For now, the message from on-chain data remains clear. Whales are removing XRP from exchanges, leverage has cooled, and conviction appears to be growing. If history repeats, this quiet accumulation phase may become the foundation for XRP’s next major breakout. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Whales Are Pulling XRP Off Exchanges. Here’s What Could Happen Next appeared first on Times Tabloid .
