XRP Whales Flood Binance with $1.6 Billion in 30 Days

XRP whales have been actively moving large amounts of the token onto Binance in recent weeks, pushing whale inflows to a six-month high. According to CryptoQuant data, cumulative inflows over the past 30 days reached an estimated 1.6 billion XRP, with the last time this level was seen being March 2025.

This surge in whale activity follows a consistent decline in the metric observed in March and lows seen in May, June, and July. The indicator has been recovering since August, but it's only recently that we've seen upward momentum.

While these inflows can boost short-term market supply, they don't necessarily mean whales plan to sell. They may simply be trading or managing liquidity on the exchange.