XRP Whale Inflows Surge to Six-Month High on Binance

Large XRP wallets have been transferring tokens onto Binance in significant numbers, pushing cumulative inflows to a six-month high of roughly 1.6 billion tokens over the past 30 days.

This spike in whale activity is a turnaround from the steady decline seen through spring and the bottoming out of inflows in May, June, and July, with a gradual recovery beginning in August.

Analysts are monitoring price action, as recent inflows have pushed deposits back near their yearly peak. A potential triangle pattern is forming on the daily chart, with some predicting that if XRP closes above $1.38, it could reach $1.60.