Whale deposits into Binance have reached a six-month high. Over the past 30 days, more than 2.66 billion XRP tokens have been moved to the exchange. This is the highest amount of XRP deposited by large holders since April 2024, showing a noticeable increase in activity among whales.
The large inflows suggest that big XRP holders are actively transfering XRP over the network, and interact with Binance as a exchange. Whale deposits can often signal potential shifts in strategy, as these players have significant amounts of assets at their disposal.
Written by maartunn
