XRP Whales Capture Record 77.8% of Exchange Outflows as Retail Activity Slumps
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CryptoQuant data published July 22, 2026 shows large XRP holders captured a record 77.8% of exchange outflows, indicating whales are increasingly withdrawing XRP from centralized exchanges. The shift coincides with slumping retail activity, reducing exchange liquidity and potentially tightening supply—a development that may be bullish for XRP price while highlighting weaker retail adoption.
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Large XRP holders are accounting for an increasingly larger share of exchange outflows, according to new data from CryptoQuant. The trend confirms whales are playing a much bigger role in moving XRP off centralized exchanges than retail investors.
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