XRP (XRP) has consolidated within a tight price range below $1.40 over the past 20 days, but new data suggests it may be poised for a bullish breakout after a shift in Binance activity signals reduced sell-side pressure.
Binance’s withdrawal and deposit activity is flashing a setup that mirrors June 2025, when the altcoin embarked on a rally to $3.65.
XRP Binance deposits drop to 2025 lows
Crypto analyst Amr Taha noted a shift in XRP activity on Binance, with transaction flows moving away from deposit-heavy behavior. The seven-day average shows XRP withdrawals rising to 53% while deposits dropped to 46%, returning to the levels last seen in June 2025.
That prior setup aligned with a 65% XRP rally to all-time highs of $3.65 in July 2025, placing the current shift on traders’ radar.
The falling deposit activity signals fewer coins moving onto exchanges, while rising withdrawals indicate assets leaving exchanges. This reduces immediate sell-side pressure if sustained over multiple trading sessions.
Currently, XRP flow on Binance is no longer dominated by incoming supply. This indicates a change in trader positioning, with fewer participants preparing to sell into the market.
Meanwhile, liquidity has contracted sharply. CryptoQuant data shows XRP’s 30-day liquidity index on Binance dropping to 0.053, the lowest level since 2021. The 30-day trading volume stands at nearly 3.77 billion XRP, marking one of the weakest periods of activity in recent years.
The price action aligns with this slowdown. XRP trades near $1.38 with limited movement over the past three weeks, consistent with a quieter order book and reduced trader participation. These lower-liquidity phases may coalesce momentum and precede a stronger directional move once activity returns.
Related: Bitcoin’s struggle to build long-lasting uptrend continues: Here’s why
XRP traders position in futures markets
While XRP price consolidates, onchain data shows an aggregated spot cumulative volume delta (CVD) of -$153 million and a futures CVD near -$295 million, pointing to a reduction in aggressive selling.
The buy-side activity has not expanded, keeping the price movement muted. The funding rates have turned slightly positive at 0.06%, signaling a mild long bias.
Open interest has climbed to nearly $769 million, suggesting fresh positions are entering the market.
From a technical perspective, a daily close above $1.40 opens the door to $1.60–$1.67. That $1.40 level also aligns with the 50-day moving average, which may flip into support on a bullish breakout.
The liquidation data shows roughly $250–$300 million in cumulative long/short positions at risk within a 10% move in either direction. Compared to larger assets like BTC (BTC) and Ether (ETH), the liquidity is relatively small, suggesting lower trader participation near $1.40.
Related: XRP Ledger taps Boundless for bank-grade privacy on public blockchains
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.