XRP institutional demand declines in May
The institutional demand for XRP, the native token of the XRP Ledger (XRPL), declined in May after a notable accumulation in April 2026. The XRP institutional accumulation model on Binance – a tool tracking net buying activity from large wallets on the exchange – slipped back below zero in May, according to on-chain data from analyzed by Finbold on May 20. The indicator dropped to approximately -0.0059 at the time of reporting, signaling that whale demand for the token has softened. Institutional accumulation mode on Binance for this token. Source: CryptoQuant As a result, Aprils brief breakout, which marked the first positive readings in six months, has ended. However, the slowdown in its institutional accumulation in May remains close to zero, suggesting investors may be exercising caution after a notable increase in demand since early February 2026. “Despite this decline, the index remains close to neutral territory, indicating that the market has not yet entered a phase of strong distribution or widespread institutional exit,” Arab Chain noted on CryptoQuant. Furthemore, large XRP holders have already withdrawn nearly 403 million XRP, valued at more than $548 million, from the Binance exchange between May 1 and 15, based on recent insights from . XRP price outlook amid institutional









