Large XRP deposits on Binance hit a six-month high. More than 2.66 billion XRP tokens have been traded on the exchange in the last 30 days. This is the largest number transferred by large owners since April 2024, indicating an increase in whaling activity.

These significant flows indicate that large XRP holders are actively moving assets across the network and interacting with Binance. Such deposits can signal possible changes in strategy, because these players have significant resources.