US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day \u2014 a streak that coincides with a sharp shift in who is actually moving XRP off centralized exchanges.<\/p>\n
Large holders now account for 91.4% of all XRP leaving Binance, according to on-chain data<\/a> compiled by CryptoQuant analyst Amr Taha. Retail traders, by contrast, have been squeezed to just 8.4% of outflow activity on the platform.<\/p>\n The gap is striking. And it isn\u2019t limited to Binance \u2014 across all centralized exchanges combined, whale-driven outflows have climbed to 90.5%, the highest reading recorded since 2024. Retail participation across those same platforms has slipped to roughly 9%, its lowest point in the same period.<\/p>\n The numbers paint a picture of a market where small traders have largely stepped back, leaving the heavy movement to bigger players who rarely show their hand.<\/p>\n Separate data flagged by market watcher Xaif Crypto shows XRP<\/a> reserves on Binance are falling at a pace not seen since March. Deposit and withdrawal flows over the past 30 days have flipped, with withdrawals outpacing deposits by a growing margin.<\/p>\n Something\u2019s happening with XRP on Binance <\/p>\n net withdrawals just hit a 30-day reversal coins flying off the exchange at the fastest pace since March <\/p>\n the supply shock is loading \u2026\u2026.. $XRP<\/a> https:\/\/t.co\/VXOQPJf1EX<\/a> pic.twitter.com\/nlJLdUOCA1<\/a><\/p>\n \u2014 Xaif Crypto (@Xaif_Crypto) May 6, 2026<\/a><\/p>\n When tokens leave exchanges at this speed, it typically means fewer coins are available for immediate sale \u2014 a condition that can tighten supply and affect pricing if demand stays steady or grows.<\/p>\nExchange Reserves Shrinking Fast<\/h2>\n