XRP Whale Inflow to Binance Hits $900M, High Since 2024
XRP whale inflows to Binance reached $900 million, marking the highest level recorded since 2024 according to data from the Bitcoin Foundation.
Large-scale holders have transferred a significant volume of $XRP to the exchange platform. According to the Bitcoin Foundation, whale inflows of the asset to Binance reached $900 million, marking the highest level seen since 2024.
Exchange Activity
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The substantial movement of funds to the exchange highlights a notable shift in holder behavior. Such high-volume transfers to trading venues often precede increased market volatility or potential distribution phases by large investors.
Key facts
- $900M in XRP whale inflows recorded on Binance
- Highest level reached since 2024 according to the Bitcoin Foundation
Source: news.google.com
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