XRP market depth on Binance has fallen to its weakest level since January 2020, according to CryptoQuant Arab Chain analyst.
summary
- CryptoQuant data showed that Binance’s XRP Liquidity Index fell near 0.043, its lowest reading since January 2020.
- Binance whales have withdrawn $49.2 million of XRP as the price returns to the recurring accumulation zone.
- XRP is trading near $1.36, below the short-term moving averages, with $1.40 continuing to derail the recovery.
The 30-day XRP liquidity index on Binance fell to around 0.043 while the token was trading near $1.34, the analyst said.
The reading indicates a sharp decline in available liquidity compared to previous market stages. Arabic series He said The index had previously reached higher readings of 3 and 4 points between 2022 and 2024, when XRP saw stronger trading activity and higher volatility.
Binance’s XRP liquidity has fallen to its lowest level in six years
Low liquidity does not give a direct bullish or bearish signal on its own. However, weaker market depth could make XRP more sensitive to large orders because fewer bids and offers are located near the current price.
This means that sudden buying or selling can move the price faster than usual. For traders, the current setup creates a market in which volatility can rise even if daily volume remains modest.
The decline also indicates weaker speculative activity on Binance. The Arabian chain said the decline may reflect lower new liquidity inflows and a more cautious market structure.
The update comes as XRP remains stuck near the same range it has been trading in for months. The $1.35-1.40 area now holds additional focus as it links weak liquidity to frequent whale activity.
Binance whales pull XRP near $1.35
CryptoQuant analyst Amr Taha I mentioned XRP whales withdrew $49.2 million from Binance on May 22 while the token was trading at less than $1.35. In terms of exchange flow, the net outflow of whales means that large holders have moved more XRP away from Binance than they have sent back.
This move is important because it occurred during weak prices, not after a strong rally. Whale withdrawals during weakness could show that some large holders are reducing the available exchange offer rather than preparing to sell.
The May 22 reading also followed similar whale behavior earlier this year. Taha pointed to negative net flows from Binance whales of $60.7 million on February 27, $35.5 million on March 6, and $37 million on March 26.
All four signals appeared near the $1.35-$1.40 range. This makes the area one of the most obvious recent areas for frequent withdrawals for Binance whales.
However, the withdrawal of the whales does not confirm an immediate recovery. They can reduce the potential supply from the sell side, but the price still needs stronger demand and a clear technical breakout.
XRP price remains below the major moving averages
XRP was trading at $1.36 on May 25, 2026, According to To crypto.news price data. The symbol rose by 0.23% over 24 hours, while the 24-hour trading volume reached about $1.35 billion.
The same data showed XRP trading between $1.34 and $1.37 over the past 24 hours. XRP ranked fifth in terms of market cap, with a market capitalization of approximately $84.23 billion.
The short-term chart remains weak. XRP was trading near $1.3584, below the 9-day moving average of $1.3663 and the 21-day moving average of $1.4051.
This structure keeps the pressure on buyers unless XRP reclaims the $1.36-1.40 area. The shorter moving average also remains below the longer moving average, keeping the near-term trend neutral to bearish.
Immediate support is located near $1.3435, near the daily low. Resistance stands near $1.3663, followed by the larger $1.4051-1.4060 area.
Trading volume near 29.06 million XRP remains low compared to the previous sell-off high. This indicates that the recent rebound has not yet attracted strong market participation.
The MACD indicator also remains below the zero line. A MACD reading near -0.0150, signal line near -0.0066 and negative histogram near -0.0084 show weak downside momentum.
Traders are watching the resistance levels at $1.40 and $1.50
Coverage of crypto.news related news He said XRP recently traded near $1.37 as exchange flow data showed cold pressure on deposits. The same report said that Binance and Coinbase have shifted towards withdrawal-led transactions, which may show an easing of selling pressure on the exchange. XRP stayed within a range, with support near $1.29-$1.35 and resistance near $1.50.
Separate crypto.news news coverage Show A large XRP options trader collected $224,500 in premium by betting that XRP would stay near $1.40 until June 26. The trader sold 1.5 million contracts each for $1.40 and put options on Deribit.
This options trade fits into the broader setup. Crypto.news noted that XRP has traded between $1.30 and $1.50 for about 60% of 2026, making the $1.40 area a key price area in the short term.
Crypto Patel also warned against aggressive bullish targets without sufficient liquidity, structure or a clear catalyst map. $10 remains a long-term target, while the best accumulation area is between $1 and $0.70, the analyst said.
Cryptozrd He said XRP closed indecisively and continued to hold the range. The analyst said a move above $1.40 could open up the upside, while a rejection near that level could trigger a move back toward $1.32.
Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only.
