Woofun AI reports that XRP whale deposits to Binance have plummeted to a two-month low, triggering bullish speculation as large-scale selling pressure appears to be receding from the market.

Woofun AI data shows the magnitude of this shift is evident in recent flow metrics. Thirty-day inflows currently stand at 947.4 million XRP, a stark contrast to the 1.445 billion XRP recorded in late June. This represents a 34.4% decrease in less than one month, highlighting a rapid contraction in supply destined for trading platforms

Market observers interpret this reduction through the lens of holder behavior. Analyst darkfost_coc suggests that the aggressive profit-taking and portfolio rebalancing seen earlier this year have lost momentum.

However, CryptoQuant emphasizes that these inflow trends must be contextualized alongside trading volume, derivatives activity, and price performance to confirm a sustained shift in sentiment.

Longer-term historical data reinforces the narrative of diminishing exchange-bound supply. Peak inflows previously hit 583 million XRP in a shorter measurement window before collapsing to just 25.3 million XRP.

Furthermore, the 90-day average value of whale deposits has shrunk from approximately $460 million in early 2025 to around $69 million, indicating a structural change in how large holders manage their positions.

Analyst ArabxChain notes that this steady reduction in whale transfers has persisted throughout 2025 and into 2026. Large investors began curbing exchange activity well before XRP stabilized near the $1 level, suggesting that distribution from major holders has slowed considerably and may support further price consolidation.