Large XRP holders deposited approximately 691 million tokens on Binance within 24 hours, worth about $900 million when XRP was trading around $1.30. This represents the largest daily inflow to the exchange since 2024, surpassing the previous record during the market correction in February 2025. The 90-day moving average of daily whale inflows also rose above $100 million, reaching its highest level in nearly six months. The increase in transfers comes as XRP retested its multi-month low of around $1.08, a level last seen on August 20. Whale inflows do not necessarily indicate that the holders sold their positions, but their coincidence with the price decline has fueled speculation about increased selling activity.
Source: Read the original article


