Data: XRP whales deposited 1.669 billion tokens into Binance in the past 30 days, reaching a new high in 7 months

According to Cryptoquant data, the cumulative amount of XRP flowing into Binance from whales in the past 30 days has risen to 1.669 billion, reaching a new high in 7 months, surpassing the level of approximately 1.65 billion in September, indicating that the activity of large holders transferring XRP to trading platforms has intensified recently.

The increase in whale inflows may raise the tradable supply of XRP on trading platforms, and if large holders choose to sell, it could increase market selling pressure. However, inflows do not necessarily indicate an imminent sell-off; they may also involve wallet rebalancing or the use of other trading services on Binance. This indicator alone cannot determine the future price trend of XRP; it still requires observation in conjunction with net flow, trading volume, and price changes.