XRP Price Holds $1 as Whale Inflows Plummet to 2021 Low
XRP's price has stabilized near $1 as whale inflows to Binance hit their lowest level since 2021. According to CryptoQuant contributor Darkfost, the three-month average of XRP whale inflows to Binance has dropped to around $61 million.
This is a significant decline from previous peaks recorded in January and October last year, which stood at $456 million and $355 million respectively.
Darkfost described this reduction as a positive development for XRP but warned that lower selling activity alone cannot confirm a bullish reversal.