On June 22, 2025, the volume $XRP on the Binance exchange decreased from 2.852 billion to 2.238 billion tokens, which is equivalent to an outflow of $1.228 billion at a price of around $2 per token. According to CryptoQuant, over the week, tokens worth more than $1 billion were withdrawn from cryptocurrency exchanges. Such a significant outflow is considered a bullish signal, as it indicates accumulation of tokens by long-term investors or organizations, reducing selling pressure in the market.
This event coincided with the drop in the price of XRP below $2, but analysts see potential for growth in this. Large investors ('whales') holding between 100 million and 1 billion tokens are actively buying XRP, demonstrating confidence in the upcoming rally. Currently, there are 58.94 billion XRP in circulation out of a total supply of 100 billion, and the market capitalization is approximately $125.53 billion.
Experts associate interest in XRP with rumors of possible ETF approval in the US and Ripple's progress in the court case with the SEC. To protect assets, users are advised to use hardware wallets. Stay updated on cryptocurrency market news by subscribing to #MiningUpdates
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