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Altcoins & DeFi

XRP Whales Move 1.67 Billion Tokens to Binance as Price Slips

Image: Bitcoin.com News

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 XRP, raising questions about whether growing exchange deposits will translate into selling pressure. XRP’s biggest holders are making some serious moves, and the numbers are enough to make traders look twice. Over the past 30 days, whale inflows to Binance have reached 1.669 billion XRP, their highest reading in seven months, just as the cryptocurrency struggles to hold its footing near $1.30.

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