XRP market depth on Binance has dropped to its weakest level since January 2020, according to CryptoQuant analyst Arab Chain.
Summary
- XRP Binance liquidity index fell near 0.043, its lowest reading since January 2020, CryptoQuant data shows.
- Binance whales withdrew $49.2 million in XRP as price returned to a repeated accumulation zone.
- XRP trades near $1.36, below short-term moving averages, with $1.40 still blocking recovery.
The analyst said XRP’s 30-day liquidity index on Binance fell to about 0.043 while the token traded near $1.34.
The reading points to a sharp fall in available liquidity compared with earlier market phases. Arab Chain said the index had previously reached readings above 3 and 4 points between 2022 and 2024, when XRP saw stronger trading activity and higher volatility.
XRP Binance liquidity falls to a six-year low
Low liquidity does not give a direct bullish or bearish signal on its own. However, thinner market depth can make XRP more sensitive to large orders because fewer bids and asks sit near the current price.
That means sudden buying or selling can move price faster than usual. For traders, the current setup creates a market where volatility can rise even if daily volume remains modest.
The drop also signals weaker speculative activity on Binance. Arab Chain said the decline may show reduced new liquidity inflows and a more cautious market structure.
The update comes as XRP remains stuck near the same range it has traded around for months. The $1.35–$1.40 area now carries added focus because it connects thin liquidity with repeated whale activity.
Binance whales withdraw XRP near $1.35
CryptoQuant analyst Amr Taha reported that XRP whales withdrew $49.2 million from Binance on May 22 while the token traded below $1.35. In exchange-flow terms, negative whale netflow means large holders moved more XRP away from Binance than they sent in.
That move matters because it happened during price weakness, not after a strong rally. Whale withdrawals during weakness can show that some large holders are reducing available exchange supply instead of preparing to sell.
The May 22 reading also followed similar whale behavior earlier this year. Taha cited negative Binance whale netflows of $60.7 million on Feb. 27, $35.5 million on March 6, and $37 million on March 26.
All four signals appeared near the $1.35–$1.40 range. That makes the zone one of the clearest recent areas of repeated Binance whale withdrawals.
Still, whale withdrawals do not confirm an immediate rebound. They can reduce potential sell-side supply, but price still needs stronger demand and a clean technical breakout.
XRP price stays below key moving averages
XRP traded at $1.36 on May 25, 2026, according to crypto.news price data. The token was up 0.23% over 24 hours, while its 24-hour trading volume stood at about $1.35 billion.
The same data showed XRP trading between $1.34 and $1.37 over the past 24 hours. XRP ranked fifth by market cap, with a market value of about $84.23 billion.
The short-term chart remains weak. XRP traded near $1.3584, below the 9-day moving average at $1.3663 and the 21-day moving average at $1.4051.
That structure keeps pressure on buyers unless XRP reclaims the $1.36–$1.40 area. The shorter moving average also remains below the longer one, which keeps the near-term trend neutral-to-bearish.
Immediate support sits near $1.3435, close to the daily low. Resistance stands near $1.3663, followed by the larger $1.4051–$1.4060 zone.
Volume near 29.06 million XRP remains low compared with earlier selloff spikes. That shows the latest bounce has not yet drawn strong market participation.
The MACD also remains below the zero line. The MACD reading near -0.0150, signal line near -0.0066, and negative histogram near -0.0084 show weak bearish momentum.
Traders watch $1.40 and $1.50 resistance
Related crypto.news coverage said XRP recently traded near $1.37 as exchange-flow data showed cooling deposit pressure. The same report said Binance and Coinbase had shifted toward withdrawal-led transactions, which may show easing exchange selling pressure. XRP stayed within a range, with support near $1.29–$1.35 and resistance near $1.50.
Separate crypto.news coverage showed a large XRP options trader collected $224,500 in premiums by betting XRP would stay near $1.40 through June 26. The trader sold 1.5 million contracts each of the $1.40 call and put options on Deribit.
That options trade fits the wider range-bound setup. Crypto.news noted that XRP had traded between $1.30 and $1.50 for roughly 60% of 2026, making the $1.40 area a key short-term price zone.
Crypto Patel also cautioned against aggressive upside targets without enough liquidity, structure, or a clear catalyst map. The analyst said $10 remains a long-run target, while the best accumulation area sits between $1 and $0.70.
CRYPTOWZRD said XRP closed indecisively and continued to hold a range. The analyst said a move above $1.40 could open upside, while a rejection near that level could set up a move back toward $1.32.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
