XRP Whale Inflows to Binance Hit Two-Month Low as Selling Eases
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XRP whale inflows to Binance fell to a two‑month low as the 30-day whale inflow indicator dropped 34.4% since late June to about 947.4 million XRP from roughly 1.445 billion, suggesting easing selling pressure while XRP traded near $1. Short sellers were largely liquidated and strong futures activity across major CEXs indicated broad crypto derivatives participation during the rally. Combined lower exchange inflows, short-covering and heavy futures volumes point to bullish price pressure and greater adoption interest.
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- XRP whale inflows to Binance fell to a two-month low, pointing to weaker selling by large holders.
- Short sellers absorbed nearly all liquidations as XRP’s rally forced many bearish traders to exit positions.
- Strong XRP futures activity across major exchanges showed broad market participation during the recent rally.
XRP whale inflows to Binance have dropped to their lowest level in about two months, a sign that some of the token’s largest holders are moving fewer coins onto the exchange. XRP traded near $1 as investors assessed whether the decline in exchange inflows pointed to easing selling pressure.
CryptoQuant analyst Arab Chain said the 30-day whale inflow indicator had fallen 34.4% since late June to about 947.4 million XRP, down from a peak of roughly 1.445 billion XRP. Lower exchange inflows can indicate reduced selling activity by large holders, although t…
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