XRP saw a dramatic surge in whale withdrawals from Binance, with 231 million tokens—valued at $335 million—removed in a single day, marking the largest such outflow in six months.

On the day of the largest movement, whale accounts transferred over 231 million XRP out of Binance, far exceeding the 90-day daily average outflow of $40 million. This trend was reported by Darkfost, a well-known cryptocurrency commentator, who tracks large-scale token movements across exchanges.

Outflows of XRP classified as whale transactions on Binance soared in recent days, as more than 231 million XRP were moved from the platform, exceeding any previous single-day total in the past six months.

The withdrawal is notable for both its scale and timing, disrupting Binance’s recent withdrawal patterns where such large volumes are rarely seen within one short timeframe.

Additional confirmation came from trader Crypto Patel, who observed that total XRP withdrawals in just 48 hours multiplied by 4.3 times, reaching the same 231 million token figure. At the same time, XRP-related futures volume hit a six-month peak at $11.37 billion, indicating heightened derivatives activity surrounding the token.

Crypto analysts noted that large-scale token withdrawals from exchanges often signal strategic moves by major holders—sometimes called whales—to reduce immediate sell-side pressure. When tokens leave exchanges, they are typically stored in private wallets, reducing the chance of sudden sell-offs on the platform.