Feb 23, 2026
3 0
BEARISH 📉 : Whale Inflows to Binance Signal Short-Term Risk for XRP
XRP is experiencing increased pressure due to a significant rise in exchange inflows to Binance, driven by large holders. This suggests a potential increase in sell-side supply amid weak market momentum.
- On-chain data indicates that over 31 million XRP were transferred to Binance in one day, predominantly from wallets holding between 100k–1M and over 1M XRP.
- This influx was not primarily driven by retail investors, but by large holders, which could imply a higher risk of market-moving supply.
- The recent inflow coincides with a period of XRP price decline, which saw a drop from around $1.39 to as low as $1.33.
- Darkfost emphasizes the risk of nearly $45 million in potential sell-side pressure, which could affect XRP's short-term recovery.
As of the latest update, XRP is trading at $1.3947, reflecting the ongoing volatility and influence of large holder actions on its price dynamics.
