XRP whale outflows hit five-year low as price struggles near $1.30

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XRP whale outflows from Binance have reportedly fallen to their lowest level in five years, with the 90-day moving average reaching $49.7 million as the cryptocurrency trades near $1.30 amid weak market momentum. Summary Crypto analyst Darkfost reports that XRP whale outflows from Binance have fallen to a five-year low on a 90-day moving average. The reported average of $49.7 million is nearly 99% below the approximately $3.5 billion peak observed in February 2025. XRP trades near $1.30, with its daily moving averages indicating continued weakness despite attempts to stabilize. Analyst Carolina identifies a possible longer-term reversal pattern, but her price targets depend on confirmation and trading volume. An XRP Ledger bug-fix amendment could activate October 23, while the network’s lending proposals remain short of validator approval. According to crypto analyst Darkfost’s October 20 assessment, the decline follows a prolonged fall in exchange withdrawals by large XRP holders since activity reached approximately $3.5 billion on the same measure in February 2025. The analyst believes the quieter market could indicate that major investors are waiting for more attractive prices b...

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