XRP Whales Inject $900 Million, Setting a New High Since 2024
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XRP The large-scale capital inflow into Binance surged to 691 million coins in a single day, valued at over $900 million according to the report, setting a new high for daily inflows since 2024. This surge occurred when the price of XRP fell below $1.30, surpassing the previous high set during the panic selling in February 2026. The report suggests that this may indicate potential selling pressure, but the transfer to the exchange does not necessarily equate to actual sales. Additionally, Binance's replenishment of reserves after the hacker attack on October 29th could also be a contributing factor to these transfers.
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Whale capital inflows reach $900 million, hitting a new high since 2024

XRP The large-scale capital inflow into Binance surged to 691 million coins in a single day, worth over $900 million, setting a new high for daily inflows since 2024.

This surge occurred when the price of XRP fell below $1.30, surpassing the record set during the panic selling in February 2026.

Meanwhile, the 90-day average of whale inflows has also risen to over $100 million per day, reaching the highest level in nearly six months.

The report indicates that this growth may imply potential selling pressure, as investors are transferring XRP to exchanges. However, the transfer to exchanges does not necessarily prove that actual sales have taken place.

In addition, after the hacker attack on October 29th, Binance's replenishment of reserves may also be one of the reasons for some of the transfers.

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