XRP Whales Pull Back? Small Binance Transfers Hit Highest Share Since October 2024
XRP withdrawals below 10,000 tokens surged 6.6-fold on Binance, while reserves across three major exchanges increased by 120 million.
AI summary
On-chain data shows XRP withdrawals under 10,000 tokens from Binance jumped 6.6-fold, while reserves across three major exchanges rose by 120 million tokens. The shift toward smaller transfers and rising exchange balances suggests retail accumulation is cooling and holders may be positioning to sell. Traders often read growing exchange reserves as a bearish near-term signal for XRP price pressure.
