CryptoQuant: Whales Moved $1.6B Worth of XRP to Binance

• CryptoQuant recorded a spike in XRP whale activity.
• They transferred 1.6 billion XRP to Binance.
• Asset inflows hit a six-month high.

CryptoQuant analysts recorded a sharp increase in XRP (XRP) inflows from large holders to the Binance cryptocurrency exchange. Over the past 30 days, roughly 1.6 billion XRP has flowed onto the platform — the highest level since March 2026. 

The rise in transfer volumes can increase the asset’s available tradable supply, but it does not, by itself, indicate that whales are preparing to sell.

Whales Increased XRP Transfers to Binance

According to CryptoQuant, XRP inflows from large wallets to Binance gradually declined after March, with the metric hitting its lowest levels in May, June, and July. Since August, the metric has started to recover, and growth has accelerated over the past few weeks.

As a result, around 1.6 billion XRP moved to Binance over 30 days. This is the highest level of such inflows in the past six months.

The increase in the amount of XRP that large holders transfer to an exchange means more coins have entered an environment where they are easier to sell or use for trading. Therefore, higher inflows can potentially increase XRP’s short-term supply on the market.

At the same time, CryptoQuant emphasizes that transferring tokens to an exchange does not necessarily mean an intent to sell the asset. Whales may move XRP for trading, liquidity management, or reallocating funds between wallets and exchanges.

That is why this metric should be assessed alongside other market indicators, including:

• Net asset inflows to exchanges
• Trading volumes
• XRP price action
• Changes in exchange reserves

If elevated XRP inflows are accompanied by rising net deposits and trading volumes, it could signal a greater willingness among holders to deploy the asset in the market. At the same time, the lack of a corresponding increase in selling may indicate that the transfers are primarily tied to trading activity or asset redistribution.

XRP Recovered Inflows after the Summer Low

Current whale activity contrasts with the situation in the summer. In July, CryptoQuant recorded the lowest level in two months of XRP transfers by large holders to Binance. At the same time, Santiment reported accumulation of the asset by large wallets, while CryptoQuant noted a gradual rise in open interest in the derivatives market.

Back in May, Santiment said sentiment around XRP had deteriorated: the ratio of positive to negative comments about the asset fell to roughly 1.1 to 1. Around the same time, CryptoQuant recorded XRP liquidity on Binance dropping to its lowest level since January 2020.

According to CoinMarketCap, XRP ranks fifth among cryptocurrencies by market capitalization — about $84.04 billion. At the time of writing, the asset is trading at $1.33, and its year-to-date performance is marked by a nearly 57% decline in value.

Institutional demand remains a separate factor. Between August 24 and August 28, 2026, spot XRP ETFs attracted $110.49 million, setting the highest weekly capital inflow figure in 2026.

Сообщение CryptoQuant: Whales Moved $1.6B Worth of XRP to Binance появились сначала на INCRYPTED.