Large XRP holders have moved approximately 1.6 billion tokens to Binance over the past 30 days, the highest level in about six months according to CryptoQuant. This whale activity follows a period of declining inflows from March through July before a trend change in August. XRP surged roughly 70% during its August 17-21 rally, briefly nearing $1.25 before stabilizing near $1.33. The rally ended after the US Senate failed to advance the CLARITY Act, with the token dropping 8% on September 15. Analysts point to potential downside targets near $1.10 and $0.87 if selling pressure continues.
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