{"id":428380,"date":"2026-05-26T03:25:32","date_gmt":"2026-05-25T21:55:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/xrp-price-holds-best-accumulation-zoneas-whales-pull-170m-from-binance-crypto-news\/"},"modified":"2026-05-26T03:35:37","modified_gmt":"2026-05-25T22:05:37","slug":"xrp-price-holds-best-accumulation-zoneas-whales-pull-170m-from-binance-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrp-price-holds-best-accumulation-zoneas-whales-pull-170m-from-binance-crypto-news\/","title":{"rendered":"XRP Price Holds \u2018Best Accumulation Zone\u2019as Whales Pull $170M From Binance &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-testid=\"post__body\">\n<p>XRP (XRP) traded within a key \u201cvalue zone\u201d where whales recently accumulated $170 million, signaling a tightening liquidity supply.<\/p>\n<p><strong>Key takeaways:<\/strong><\/p>\n<ul class=\"list-bullet\">\n<li class=\"\" style=\"\" value=\"1\">XRP whales withdrew 122 million XRP, worth about $170.8 million, from Binance, signaling strong accumulation near the key $1.35-$1.40 support zone.<\/li>\n<li class=\"\" style=\"\" value=\"2\">Exchange outflows and steady spot XRP ETF inflows point to a tightening liquidity supply and growing investor demand for XRP.<\/li>\n<li class=\"\" style=\"\" value=\"3\">XRP price could target $2.33 if bulls break above $1.50 resistance, with Bollinger Bands signaling a major move ahead.<\/li>\n<\/ul>\n<h2>122 million XRP leave Binance exchange<\/h2>\n<p>XRP whale withdrawals, large exits above 1 million coins per transaction, hit 122 million on Binance on May 22, worth about $170.8 million at current rates, according to data from CryptoQuant.\u00a0<\/p>\n<p>This marked their first daily withdrawal above 100 million XRP since the 278 million XRP seen in early February.\u00a0<\/p>\n<p>\u201cWhat makes the latest move more important is the price context,\u201d CryptoQuant analyst Amr Taha <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6a1403f3f2609c4353777b7f-XRP-Withdrawals-Above-1M-Per-Transaction-Hit-122M-on-Binance-First-100M-Day-Sinc\" rel=\"nofollow noopener\"><span style=\"text-decoration: underline;\">said<\/span><\/a> in a Monday Quicktake post.<\/p>\n<p>Note that the Feb. 9 withdrawal spike happened while XRP was trading near $1.43, while the May 22 spike came with XRP around $1.35.\u00a0<\/p>\n<p>\u201cThis makes the $1.35\u2013$1.40 range an important zone to watch for XRP,\u201d the analyst <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6a12de55f2609c4353777a40-XRP-Whales-Withdraw-49M-From-Binance-as-Price-Returns-to-FebruaryMarch-Accumulat\" rel=\"nofollow noopener\">said<\/a> in another Quicktake post, adding:\u00a0<\/p>\n<blockquote><p>\u201cRepeated withdrawals near the same price range may indicate that some larger players view this area as a value zone.\u201d<\/p><\/blockquote>\n<p><figure><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>XRP: Whale outflows from exchanges. Source: CryptoQuant<\/em><\/p>\n<p>This coincided with sharp exchange outflows, as the XRP net position change among exchanges dropped to -$30 million on Sunday, its most negative value since April 9, when the price was trading at $1.28. This preceded a 17% move to $1.51 on April 17.<\/p>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-976.png\" width=\"896\" height=\"504\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-976.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>XRP: Exchange net position change<\/em><\/p>\n<p>Such outflows typically indicate strong accumulation by large holders, who move tokens to cold storage or increase exposure to XRP investment products, thereby reducing immediate sell-side pressure.<\/p>\n<p>Meanwhile, demand for US-based spot XRP ETFs continues with these investment products recording positive flows for 16 consecutive days, totalling $116.75 million. This points to consistency in demand from US investors, adding to XRP\u2019s tailwinds.<\/p>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-977.png\" width=\"896\" height=\"297\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-977.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>Spot ETH ETFs flows chart. Source: SoSoValue<\/em><\/p>\n<h2>XRP price must hold $1.30 as support<\/h2>\n<p>The XRP\/USD pair has been trading in a tight range between $1.30 and $1.50 since early February.\u00a0<\/p>\n<p>XRP\u2019s bullishness now hinges on holding $1.30 as support if it \u201cstands another chance at retesting $1.50 resistance,\u2019 analyst ChartNerd <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ChartNerdTA\/status\/2057739165135990937\" rel=\"nofollow noopener\"><span style=\"text-decoration: underline;\">said<\/span><\/a> in a recent post on X.\u00a0<\/p>\n<p>\u201c$1.30 is a current guardrail,\u201d the analyst said, adding:<\/p>\n<blockquote><p>\u201cIf lost, a deeper drop to the lower $1 territory is likely in the coming weeks.\u201d<\/p><\/blockquote>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-142.jpeg\" width=\"896\" height=\"669\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-142.jpeg\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>XRP\/USD daily chart. Source: X\/ChartNerd<\/em><\/p>\n<p>The chart below shows that the altcoin traded in a multi-year range between May 2022 and November 2024. Eventually, a break above the upper limit of the range at $0.68 ushered in a more than 400% rally to $3.40 in January 2025.<\/p>\n<p>If the XRP\/USD pair holds within its current range, a similar upward move could be seen once a decisive move supported by strong volume above the upper limit at $1.50 is achieved.<\/p>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-978.png\" width=\"896\" height=\"498\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-978.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>XRP\/USD three-day chart. Source: Cointelegraph\/<\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/\" rel=\"nofollow noopener\"><span style=\"text-decoration: underline;\"><em>TradingView<\/em><\/span><\/a><\/p>\n<p>The Bollinger Bands are still at their tightest level since mid-2024. Similar occurrences have previously led to between 58%-82% upward moves in XRP price, as shown in the chart above.\u00a0<\/p>\n<p>As such, XRP could rise as high as $2.33, if a similar breakout plays out.\u00a0<\/p>\n<p>Analyst Crypto Patel <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CryptoPatel\/status\/2058571225694077150\" rel=\"nofollow noopener\" target=\"_blank\">referred<\/a> to the current range as the \u201cbest accumulation zone,\u201d adding that the muted price action resembles the calm before its major breakout in late 2024.<\/p>\n<p>The analyst projected an upside target at $10, implying a roughly 7x potential from the lower end of the accumulation range if XRP repeats its 2022\u20132024 cycle-style expansion.<\/p>\n<p><figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-143.jpeg\" width=\"896\" height=\"492\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-143.jpeg\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<\/p>\n<p style=\"text-align: center;\"><em>XRP\/USD two-week chart. Source: X\/Crypto Patel<\/em><\/p>\n<p>As Cointelegraph <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/markets\/xrp-adds-4300-new-wallets-in-24-hours-but-why-is-price-stuck\"><span style=\"text-decoration: underline;\">reported<\/span><\/a>, overhead resistance at $1.40-$1.50 is likely to keep the price in consolidation if it is not broken.\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (XRP) traded within a key \u201cvalue zone\u201d where whales recently accumulated $170 million, signaling a tightening liquidity supply. Key takeaways: XRP whales withdrew 122 million XRP, worth about $170.8 million, from Binance, signaling strong accumulation near the key $1.35-$1.40 support zone. Exchange outflows and steady spot XRP ETF inflows point to a tightening liquidity [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":428381,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-428380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=428380"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428380\/revisions"}],"predecessor-version":[{"id":428382,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428380\/revisions\/428382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/428381"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=428380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=428380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=428380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}