XRP Whales Move 1.6 Billion Tokens to Binance Amid Sharp Inflow Surge
A significant surge in large XRP holder activity has been observed on Binance, as per CryptoQuant data. Over the past 30 days, around 1.6 billion XRP have been moved to the exchange, marking the highest inflow in roughly six months.
This sharp rise in CEX (Centralized Exchange) inflows may indicate potential selling pressure, posing risks to XRP token performance and liquidity for traders and crypto market participants.