According to U.Today, as the XRP price retraced to around $1.30, XRP withdrawals from Binance fell to a five-year low, totaling only $49.7 million daily. Meanwhile, XRP inflows to Binance reached a seven-month high of 1.669 billion over the past 30 days, while total inflows to major trading platforms hit 6.05 billion, the highest since March. Analysts believe this indicates that large investors have paused long-term accumulation, shifting to a wait-and-see approach and moving significant liquidity to trading platforms. Additionally, a large on-chain transfer of 82.3 million XRP (approximately $106-107 million) occurred today, which is believed to be an internal portfolio rebalancing.