Binance’s XRP Whale Outflow Dominance 7-day moving average reached 84.25% on August 21, while Retail Outflow Dominance fell to 15%, creating one of the widest whale-retail splits seen this year.

The gap meant whale dominance was roughly 5.6 times retail dominance, with a spread of 69.25 percentage points.

More importantly, the structure almost exactly matched the previous extreme recorded on March 28, when whale dominance stood at 84.6% and retail at 15%.

The difference between the two whale readings was just 0.35 percentage point.

The imbalance also widened compared with June 11, when whale dominance was 81% against 18% for retail.

The whale-to-retail ratio therefore increased from roughly 4.5x to 5.6x, an expansion of about 25%.

The data does not by itself indicate whether whales were buying or selling XRP.

Instead, it shows that the composition of XRP outflows on Binance became heavily concentrated among larger participants, while retail represented a much smaller share of the total.

That extreme has since eased.

Whale dominance has fallen to around 78.5%, while retail dominance has recovered to roughly 21.3%.

Written by Amr Taha