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Over 31 Million XRP Sent to Binance (global crypto exchange) as Whales (large token holders) Lead Inflows

According to CryptoQuant (on-chain analytics firm), over 31 million XRP moved to Binance in a single day, driven mainly by cohorts holding 100K–1M and 1M+ XRP; exchange inflows are often viewed as potential sell-side liquidity.

XRP

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Terms & Concepts
  • Exchange inflow: Tokens moving from private wallets to trading platforms, often monitored to gauge potential selling pressure.
  • Whales: Large token holders whose transactions can significantly influence liquidity and market direction.
  • On-chain analytics: Analysis of blockchain transaction records to track flows and investor behavior.