XRP holders are moving a large amount of tokens to Binance, and the timing has traders watching closely. CryptoQuant data shows about 691 million XRP was deposited to the exchange in 24 hours, the biggest single-day whale inflow since 2024. With XRP trading near $1.3 during that window, the moved tokens were worth roughly $900 million. That kind of transfer often gets read as a warning sign, though it is not proof that every whale sold.
Binance inflow draws scrutiny
The size of the deposit stands out because it tops the previous record from a major market correction in February 2025. It also comes as XRP’s 90-day moving average of daily whale inflows rose above $100 million. That average is now at its highest level in nearly six months, which suggests large holders have been sending more tokens to Binance over a longer stretch, not just in one burst. Analysts may treat this as a setup for more selling, but the data still leaves room for other explanations. A whale could be moving coins for custody, trading, or collateral, for example.
Price falls to multi-month low
The inflow data arrived while XRP was already under pressure. The asset fell below recent local lows and retested a multi-month low around $1.08, a level last seen on August 20. That move has raised fear among traders, and the combination of exchange inflows and a weak price chart looks uncomfortable. Still, whale deposits do not automatically equal sales. The price drop and the Binance transfers happened together, which points to possible selling activity, but it does not confirm the full picture. For now, market watchers are likely to keep an eye on whether those tokens stay on the exchange or move again. XRP’s next move may depend less on one headline number and more on what large holders do from here.
