Large XRP holders withdraw $170 million from Binance amid price consolidation near $1.40

On-chain data indicates that large XRP holders withdrew approximately $170 million worth of XRP from Binance during a period in which the asset's price consolidated in the $1.35 to $1.40 range. Exchange outflows of this scale typically reflect a transfer of assets to self-custody or external wallets, reducing the supply of XRP available on the exchange. The $1.35 to $1.40 price range has been identified in market data as a zone of sustained trading activity and order book support. XRP's price behaviour within this band coincides with the notable withdrawal figures reported from Binance, one of the largest XRP trading venues by volume. No official statement from Binance or any corporate entity has been issued regarding the withdrawals. The figures cited are derived from on-chain and exchange flow tracking. Independent verification through XRPL on-chain data and exchange transparency reports would be required to confirm the precise volume and timing of the outflows.