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XRP Whales Move 1.67 Billion Tokens to Binance as Price Slips

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Large XRP holders have transferred 1.669 billion XRP to Binance over the past 30 days, pushing the exchange’s whale inflow metric to its highest level in seven months, according to Cryptoquant contributor Arab Chain. The activity comes as XRP trades near $1.33 following a difficult October. Meanwhile, publicly attributed exchange wallets hold approximately 22.06 billion […] Crypto Insight Analysis: Direction: Bearish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large whale inflows to Binance signal potential sell pressure.

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XRP Whales Move 1.67 Billion Tokens to Binance as Price Slips — Crypto Insight