XRP Whale Outflow Dominance Climbs To 2024 Levels —Price To Follow?

The XRP price seems to have encountered significant resistance to its growth over the week. As of Wednesday, April 22, the cryptocurrency tried but failed to close above $1.4540, and subsequent movements did not even reach the resistance region. 

While the XRP price continues to struggle, recent on-chain analysis suggests momentum might be building right beneath the surface. Hence, in the presence of the right conditions, the growing momentum could be the much-needed fuel for XRP’s breakout from its present stalemate. 

Whale Outflows On Binance Rise To 94.4%

In a recent Quicktake post on CryptoQuant, analyst Amr Taha highlighted a growing divergence between XRP retail and whale outflows on Binance, the world’s largest cryptocurrency exchange by trading volume. The relevant indicator here is the Binance Whale Vs Retail Outflow Dominance metric.

According to the analyst, Binance XRP outflows are now being driven more by its larger holders than by retail investors. In their CryptoQuant post, Taha pointed out that the whale outflow dominance has climbed as high as 94.4%, while retailers, on the other hand, have a mere 5.5% influence on XRP’s flows out of Binance.

The crypto expert further noted that when readings from the Outflow Dominance metric return to levels similar to the current readings, it signals that larger-sized transfers are taking over. Interestingly, October 2024 was one such moment, followed by a similar reading in June 2025. 

Source: CryptoQuant

Taha further noted that when this happens, the XRP price has a good chance of bouncing higher in the near term. An example can be seen after the rise in Whale Outflow Dominance seen in October, where XRP surged by over 525%; meanwhile, a 71% bullish move after a similar pattern in June 2025 also supports the notion.