Whales are currently using Binance as their primary platform for XRP deposits, according to recent market data. The chart indicates a significant inflow of XRP to exchanges from whales, defined as those making deposits of over 1 million XRP.

Since late 2021, these large-scale traders have consistently moved their XRP to Binance, maintaining their activity on the exchange without reallocating their assets. This ongoing trend underscores Binance's dominance and reliability for high-volume XRP transactions among the largest holders.

The consistent use of Binance by whales signals a positive outlook for the platform's future in the digital currency market.