XRP Whale Transfers Plummet to Record Lows

XRP whale transfers on Binance have hit record lows, resulting in reduced selling pressure and keeping the price range-bound above $1.04.

The monthly inflow of XRP to Binance has dropped to about 3.6 million, the lowest on record, according to recent data.

This decrease in large transactions has eased selling pressure, allowing XRP to hold steady despite a significant 72% drop from its peak price of $3.66.

Retail transfers remain active but lack the volume to move the market significantly, keeping traders watching the next key resistance level at $1.12.