2.54 Billion XRP Moved to Binance: What Does This Mean?

Historically, whale inflows coincide with price-sensitive moments and can influence the near-term market direction of XRP.

XRP registered a modest 3% gain in the past 24 hours as the overall market rose. The influx of token whales to Binance has also increased significantly.

The 30-day average of large wallet transfers to the exchange has increased to approximately 2.54 billion XRP, indicating a resumption of activity by major holders after a previous period of relative decline.

XRP whale inflow rapidly increases

Currently, daily whale inflows are hovering around 50 million XRP, less than the peak observed in mid-2025, but indicating continued engagement. Whale flow metrics, which track coins moving from large wallets to exchanges, are often used to measure potential changes in the supply available for trading. Increased inflows could indicate whales are repositioning themselves for sale, leveraging assets as collateral for derivatives, or preparing for increased trading activity.

CryptoQuant said the recent monthly average increase indicates a gradual increase rather than one large transfer. In previous cases, increased whale inflows have coincided with sensitive phases in the XRP price, and in some cases preceded corrections due to additional supply.

It also hinted at potential volatility, whether to the upside or downside.

Therefore, if spot demand remains weak, increased capital inflows could contribute to selling pressure, while if liquidity improves and market participation increases, flows could reflect strategic repositioning by whales ahead of potential price movements.

The bears remain in control

The data still shows signs of bearish pressure on the back of increased whale inflows and modest price increases. Analyst CasiTrades recently observed that the recent trendline break is forming resistance, and as the price has fallen below the previous wave B low, attention has shifted to the support levels at $1.11 and $0.87.

You may also like:

Local resistance around $1.40 remains significant, and as long as XRP trades below it, the downside momentum is likely to continue. He also added that the current stage is still a no-trade zone and a meaningful entry is only likely to occur if lower support is reached or the price breaks above the $1.65 macro resistance.

On the institutional side, US spot XRP ETFs continued to perform poorly. No net inflows or net outflows were recorded on February 20th and 23rd, according to data compiled by SoSoValue. On February 24th, Bitwise’s XRP ETF bucked the trend and recorded $3 million in inflows.