Binance XRP whale inflows hit 1.6 billion, a six-month high.
According to CryptoQuant data, Binance's XRP whale cumulative inflow has reached nearly 1.6 billion tokens in the past 30 days, the highest level since March last year. This indicates that a large amount of XRP is being transferred to a more liquid environment, which may increase market supply in the short term, but does not necessarily mean these whales are preparing to sell; it could also be used for trading or liquidity management.
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