XRP Price Holds at $1 Amidst Lowest Whale Inflows Since 2021
The XRP price has stabilized around $1 despite a decline in whale inflows to Binance, its lowest level since 2021. According to CryptoQuant contributor Darkfost, the three-month average of XRP whale inflows to Binance has dropped to about $61 million.
This figure represents six to eight times lower than the peaks recorded last year. Darkfost described this decline as a positive development for XRP but noted that it alone cannot confirm a bullish reversal.
The net flows remain positive at roughly $18.8 million, meaning large deposits are still exceeding withdrawals. However, the slowdown in exchange inflows and trading volume suggests fading selling pressure without sufficient demand recovery.