XRP price has faced a difficult week. The token printed a series of lower candles and continued sliding until it touched the $1.18 region earlier today. Buyers stepped in afterward and helped XRP recover toward $1.23, although the broader trend still remains under pressure.
That small recovery arrived alongside an interesting update from whale activity on Binance. Data shared by XRP commentator Pumpius showed that whale outflows on the exchange dropped close to zero yesterday. The development immediately caught attention because large outflows often indicate major holders are moving tokens to sell or reduce exposure.
What you'll learn 👉
XRP Whale Activity Suggests Selling Pressure May Be Cooling
Pumpius pointed to a period where Binance whale outflows almost completely dried up. His argument centers on a simple observation. When large holders stop moving XRP out of exchanges, selling pressure can decline.
Pumpius noted that a similar pattern appeared before XRP’s major rally during 2025. During that period, XRP climbed from roughly $0.40 to above $3.20.
🚨 XRP WHALE EXODUS ON BINANCE JUST WENT NEAR-ZERO 👀
— Pumpius (@pumpius) June 2, 2026
The big boys stopped dumping. Completely.
Last time outflows dried up like this?
XRP launched from $0.40 → $3.20 in the 2025 pump 🔥
Accumulation phase loading… Are we about to see the next LEGENDARY run? pic.twitter.com/kfauBUyDF4
The commentator believes near zero whale outflows may indicate an accumulation phase. Such activity does not guarantee a rally, though it can signal that large holders are becoming less interested in selling at current prices.
Another possibility exists as well. Some investors may simply be waiting for stronger market conditions before making their next move. Market participants often watch whale behavior because large holders can influence liquidity and short term price direction.
XRP Price Recovery Still Looks Like A Retracement For Now
Despite today’s rebound, the broader technical picture has not changed dramatically.
XRP price fell as low as $1.19 yesterday before briefly touching $1.18 earlier today. The recovery that followed appears more like a pause after a sharp decline than a confirmed trend reversal.
Markets frequently experience temporary recoveries after heavy selling. Such moves allow prices to stabilize before deciding on the next direction.
Several key levels deserve close attention. Support remains near $1.21 and $1.13. Resistance stands near $1.26 and $1.29.
A move above $1.26 would give buyers more confidence. A breakout above $1.29 would strengthen the case for a larger recovery, although current market conditions still make that outcome less likely today.
Neutral conditions could keep XRP trading between $1.21 and $1.26 during the remainder of the session. Another drop below $1.21 would increase downside risks and potentially expose XRP to a fresh move toward $1.13.
CharuSan XRP Explains Why He Believes XRP Can Reach $300
Another XRP commentator, CharuSan XRP, recently published a lengthy series of posts outlining why he believes XRP price could eventually reach $300 or more.
His social media profile makes it clear that his analysis focuses heavily on Ripple and XRP. That background suggests he has followed developments surrounding Ripple’s ecosystem for a considerable period.
One of his central arguments revolves around a future transition from retail-driven trading to institutional liquidity.
CharuSan XRP argues that future XRP buyers may not primarily be retail investors. He believes institutions, payment providers, liquidity pools, and large financial firms could become dominant participants if Ripple’s technology achieves widespread adoption.
Under that theory, retail investors who choose to sell XRP at elevated prices would find their supply absorbed by much larger pools of institutional demand.
The Analyst Argues Market Cap Criticism Misses the Bigger Picture.
A major part of CharuSan XRP’s thesis challenges one of the most common criticisms aimed at extremely high XRP price targets.
Many skeptics point to market capitalization and argue that prices such as $300 or $589 would create valuations that appear unrealistic.
CharuSan XRP believes this criticism misunderstands how liquidity assets operate. His argument focuses on XRP’s intended role as a bridge asset for moving value between currencies and financial systems.
I honestly think the idiots leaving insulting comments on my post completely lack reading comprehension and critical thinking skills.
— CharuSan XRP (@CharuSan83) May 27, 2026
The argument that "XRP can't hit $300–$589 because there isn't that much money in the world" is the single biggest financial fallacy, born from a… https://t.co/KHB5k9mlQI
He points to enormous figures associated with global finance, including foreign exchange markets, cross border settlements, clearing systems, and institutional payment networks.
From his perspective, future pricing would depend more on liquidity requirements than traditional stock market style valuation models.
Ripple Infrastructure Partnerships Form Another Part Of The Bullish Case
Another point raised by CharuSan XRP involves Ripple’s partnerships and software integrations.
He argues that adoption may not occur one bank at a time. Instead, infrastructure providers connected to large banking networks could potentially allow many institutions to access XRP-based services through broader software deployments.
His view is that software adoption can occur much faster than traditional banking expansion.
That assumption forms a major part of his belief that XRP could experience substantial demand growth if regulatory clarity and institutional participation increase over time.
How XRP will reach $300 (324.22) *Part 5*
— CharuSan XRP (@CharuSan83) June 3, 2026
Mathematical and formulaic explanation
The reason I always set a $300 target is because my mathematical calculations explicitly point to $324.22. This price is the inevitable outcome of the liquidity velocity and institutional pool depth… https://t.co/Pk2bzrgb93
Liquidity Requirements Are At The Center Of The $300 XRP Thesis
The most detailed part of CharuSan XRP’s argument focuses on liquidity depth.
He believes large financial institutions moving billions of dollars would require deep liquidity pools. Under his theory, higher XRP prices become necessary to support larger transaction volumes efficiently.
Several posts reference Ripple’s On Demand Liquidity system and discuss how transaction size, available supply, settlement speed, and liquidity depth interact.
Read Also: Why Is ONDO Price Surging While Bitcoin, XRP, and Ethereum Keep Falling?
His final calculation attempts to estimate XRP’s future value using institutional volume assumptions, available liquid supply, regulatory liquidity requirements, and transaction flow projections.
That model ultimately produces a theoretical figure near $324.22. Critics would likely point out that many assumptions must become reality before such projections could be tested. Institutional adoption levels, regulatory developments, transaction volumes, and global financial integration would all need to align with those expectations.
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