Add as a preferred source on GoogleXRP Whale Inflows to Binance Hit a Seven-Month High at 1.669 Billion XRP
The 30-day total tracks transfers into exchange wallets; it does not show completed sales or whether Binance’s XRP holdings grew.
Large-holder XRP inflows to Binance totaled 1.669 billion XRP over 30 days, a seven-month high that measures exchange-directed transfers rather than completed trades or a confirmed rise in selling.
The measure had reached about 1.65 billion XRP in September before declining and later rebounding to the current high. The latest reading updates TokenPost’s earlier coverage of roughly 1.6 billion XRP moving to Binance over 30 days.
An inflow records coins sent into exchange wallets. The total does not establish whether depositors sold XRP or whether withdrawals offset the deposits. Netflow compares inflows with outflows and helps assess whether exchange-held XRP is growing. The inflow figure alone does not show whether Binance’s XRP balance increased.
Tokens transferred to an exchange may become available for trading, but the transfer record does not identify the holder’s purpose or show what happened after the deposit. The measure alone also does not determine XRP’s price direction.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.