XRP is facing a mixed market setup as large holders move more than 1.10 billion tokens while exchange supply shows fresh signs of tightening. The token trades near $1.39 after a narrow price fall, with traders tracking Binance scarcity data, whale activity, and futures positioning. The latest on-chain readings point to lower available exchange liquidity, while derivatives data show a market still rebuilding after recent leverage cooled. XRP Supply Tightens on Binance XRP’s scarcity index on Binance has climbed near 0.75, reaching its highest level since July 2024. The metric tracks available supply conditions on the exchange and has moved higher as XRP balances tighten. A rising scarcity index often reflects stronger withdrawals, slower deposits, or both. In the current setup, fewer tokens appear available for immediate selling on Binance. That shift has drawn attention because XRP price has stayed inside a narrow band despite the tighter supply picture. XRP crypto trades down 2% in 24 hours while the market continues to absorb supply without a sharp breakout. Price stability during lower exchange liquidity can point to accumulation, although it does not confirm a rally by itself. CryptoQuant data shows Binance remains a key venue for XRP activity, making its supply readings important for short-term market tracking. Traders now watch whether the scarcity index holds near its current level or starts cooling with fresh deposits. Whales Move Over 1.10B XRP Large holders sold or redistributed about 1.10 billion XRP over the past week, according to market commentary shared by Ali Charts. The move shows heavy whale activity during a period of tight price action. XRP Whales | Source: X Whale redistribution can reflect several actions, including exchange transfers, wallet reshuffling, over-the-counter activity, or direct selling. The latest data does not confirm one single motive, but it shows large wallets remain active near the current price zone. At the same time, prior reports linked Ripple-backed Evernorth Holdings to large XRP withdrawals from exchanges. Whale flows also turned positive again, with large holders reportedly adding almost 11 million XRP per day on average since early April. Open Interest Resets After Prior Peaks XRP open interest has returned closer to neutral levels after previous spikes, according to Binance open interest Z-score chart. The 30-day Z-score has cooled from earlier peaks, suggesting leverage has eased across futures markets. A lower open interest Z-score can mark a healthier base for new positioning. It reduces the risk of crowded leverage, which often drives sharp liquidations during fast price moves. Binance open interest Z-score Chart | Source: X CoinGlass data showed total XRP futures open interest rising 0.5% to about $2.51 billion within one hour. However, 24-hour XRP futures open interest remained down more than 3%, showing traders had not fully rebuilt exposure. XRP’s next move depends on whether tightening exchange supply can outweigh whale redistribution and market weakness. Also, recent Bitwise XRP price prediction data shows the asset manager expects XRP to reach $6.53 by year-end and $29.32 by 2030. Bitwise links the forecast to XRP’s role in tokenization, cross-border payments, and rising institutional adoption.
