XRP Whales Pull Millions from Binance as Supply Tightens

Large XRP holders moved millions of the token off Binance, shrinking the exchange’s on‑chain supply to a ratio of about 0.03. The outflows, representing over half of Binance’s daily XRP outflow value on Aug. 3, suggest that whales are shifting assets to private wallets, institutional custody or long‑term storage, reducing immediate sell‑side pressure.

At the same time, Ripple’s ecosystem is seeing growth in real‑world asset (RWA) activity on the XRP Ledger. The number of RWA holders rose roughly 25 % in the past month and the total tokenized‑asset value reached about $4.06 billion. Ripple’s RLUSD stablecoin, now usable as collateral on Ethereum, adds further utility for long‑term holders. XRP’s price hovered near $1.06, with technical analysis pointing to a potential breakout above the $1.08 EMA if demand picks up.