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1.6 billion XRPs poured into Binance, whale activity hit a six-month high

2026-09-19 03:12:09
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The number of XRP giant whale inflows into Binance soared to a six-month high.

Chain data shows that in the past 30 days, nearly 1.6 billion XRP tokens have been transferred to exchanges in large wallets. This surge marks a major shift in market dynamics.

According to CryptoQuant data shared on the X platform, the cumulative inflow of XRP to Binance in the past month has climbed to approximately 1.6 billion, the highest level since March this year. Data shared by analyst ArabxChain on the X platform shows that there is a significant rebound after a steady decline in the spring and a bottom from May to July. A slow recovery began in August and surged significantly in subsequent weeks, bringing deposits back close to annual peaks.

What does the surge in inflows mean?

The increase in whale deposits usually means that more tokens are entering the liquid trading environment, which may increase the available supply in the market in the short term. However, large transfers to exchanges do not automatically point to selling pressure. These wallets may be adjusting trading positions, managing liquidity, or simply reallocating positions rather than preparing to sell XRP on a large scale.

Price movements remain focus

Analysts are paying close attention to potential triangles forming on the daily chart. Previously, cryptocurrency analyst Ali Charts pointed out that XRP seemed to be breaking through a form he had been tracking for days. He pointed out that if it continues to close above US$1.38, it will be confirmed that the breakthrough is valid; if the resistance level is overcome, the next upside target will be US$1.60.

Progress in Network Development

此次流入激增之际,XRPL开发者推出了xrpld(网络参考服务器软件)的3.4.0版本。该软件引入了新的修正案和错误修复,同时协议也在持续发展中。

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