XRP Sees Large Inflow to Binance Amid Ongoing Market Uncertainty

A notable increase in XRP inflows into Binance has sparked discussion about potential short-term selling pressure. According to data from CryptoQuant, over 31 million XRP tokens were transferred to the exchange in a single day.

The majority of these transactions originated from 'whale-sized' wallets, with nearly all transfers coming from two distinct cohorts: those holding between 100,000 and 1 million XRP, and those holding over 1 million XRP. This development represents approximately $45 million in potential sell-side liquidity.

XRP's current price is around $1.38, down roughly 0.78 percent in the past 24 hours. However, this drop may be overshadowed by a larger trend: on-chain data shows a massive $1.93 billion in realized losses over the past week, marking the largest wave of capitulation since 2022.