XRP Whales Move 1.67 Billion Tokens to Binance as Price Slips
Large XRP holders have transferred 1.669 billion XRP to Binance over the past 30 days, pushing the exchange’s whale inflow metric to its highest level in seven months, according to Cryptoquant contributor Arab Chain. The activity comes as XRP trades near $1.33 following a difficult October. Meanwhile, publicly attributed exchange wallets hold approximately 22.06 billion […]
Large XRP holders moved 1.669 billion tokens to Binance over the past 30 days, driving the exchange's whale inflow metric to a seven-month high, according to Cryptoquant contributor Arab Chain. The transfers come as XRP trades near $1.33 after a difficult October, while publicly attributed exchange wallets hold roughly 22.06 billion XRP. Traders typically read heavy whale deposits to exchanges as a precursor to selling, so the elevated inflow raises near-term downside risk for XRP.
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