XRP Whale Inflows to Binance Drop to Multi-Year Low — HODL Strengthens
XRP whale inflows to Binance have fallen to multi-year lows, with CryptoQuant’s 30-day moving average around 48–56 million XRP. The decline suggests large holders are moving fewer tokens to exchanges, reducing immediate selling pressure and indicating increased accumulation (HODLing). XRP is trading near $2.06, holding the key $2 support level despite wider crypto weakness (BTC, ETH declines) that has kept near-term upside capped. Historically, similar low exchange inflows preceded price rallies as on-exchange supply tightened. Traders should monitor whale transfer flow, exchange balances (especially Binance), spot liquidity, and macro crypto trends; reduced inflows are a bullish supply-side signal but prevailing market sentiment may limit short-term gains. U.S. trading hours have been noted as recurring catalysts for price surges. Key data: 30-day whale inflow average ≈ 48–56M XRP; current price ≈ $2.06; weekly price change modestly negative.
Bullish
Reduced whale inflows to Binance point to lower immediate selling pressure and rising accumulation by large holders — a supply-side development that is typically bullish for price over time. Historically, multi-year lows in exchange inflows have preceded rallies as on-exchange supply tightens and buying pressure rises. Short term, broader crypto weakness (BTC, ETH declines) and muted liquidity can cap upside, so traders may see limited immediate gains. Key signals for traders: falling exchange balances/whale transfer flow (bullish), stable support at $2 (technical anchor), and spot liquidity on Binance (affects execution and slippage). For swing and position traders, the news supports a bullish bias if inflows continue to decline and on-chain accumulation persists. Day traders should watch U.S. sessions for episode-specific volatility; risk management is advised because macro sentiment could drive downside despite the supply squeeze.