Whales withdrew $170 million in XRP from Binance as the price holds a key $1.35-$1.40 accumulation and support zone. XRP (XRP) traded within a key “value zone” where whales recently accumulated $170 million, signaling a tightening liquidity supply. XRP whale withdrawals, large exits above 1 million coins per transaction, hit 122 million on Binance on May 22, worth about $170.8 million at current rates, according to data from CryptoQuant. This marked their first daily withdrawal above 100 million XRP since the 278 million XRP seen in early February. “What makes the latest move more important is the price context,” CryptoQuant analyst Amr Taha said in a Monday Quicktake post. Note that the Feb. 9 withdrawal spike happened while XRP was trading near $1.43, while the May 22 spike came with XRP around $1.35. “This makes the $1.35–$1.40 range an important zone to watch for XRP,” the analyst said in another Quicktake post, adding: XRP: Whale outflows from exchanges. CryptoQuant