Bitcoin and XRP Exchange Inflows Point to Elevated Whale Activity

  • Bitcoin, XRP and ADA price rebounds coincided with increased exchange inflows and possible whale activity.
  • Bitcoin inflows rose from approximately 7,682 BTC to 25,124 BTC in two days, while XRP whale inflows to Binance averaged $112.4 million monthly.
  • XRP whale inflows later returned to more typical levels, and exchange transfers alone do not prove selling or intentional intervention.

Bitcoin exchange inflows rose from approximately 7,682 BTC to 25,124 BTC over two days as Bitcoin, XRP and Cardano prices rebounded, crypto analyst Ali Martinez said. Separately, analyst Darkfost reported that XRP whale inflows to Binance reached a monthly average of $112.4 million, up about $72 million since August and the highest level since March. The analysis defined whales as addresses involved in transactions exceeding 1 million XRP. Daily XRP inflows at one point exceeded $400 million, and the increase coincided with XRP’s rebound of more than 30% since August, suggesting some large holders may have taken profits. XRP inflows later returned to more typical levels, while exchange transfers alone do not prove immediate selling or intentional market intervention.

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