XRP Whale Deposits to Binance Hit 7-Month High

XRP whales have been moving an increasing share of their coins onto Binance, and the 30-day sum of deposits to the exchange now stands near 1.6 billion XRP, the highest reading in seven months, according to exchange-flow data. That level sits close to where the metric was in early April. The comparison shows how far the flow has traveled: in late July the same 30-day total was down near 400 million XRP, so deposits have grown roughly fourfold in under three months. The heaviest single day arrived in mid-August, when deposits spiked just as the price pushed toward $1.70. Whales, in this dataset, are the largest holder wallets outside the exchanges, the cohort whose positioning tends to set the tone for the wider market. Scale alone does not tell the story; the venue does. Coins parked on an exchange sit one click from the sell button, and a sizable order dropped into a thin book would eat through bids and incur measurable slippage. An inflow therefore does not prove a sale is coming, but it makes one cheaper and faster to execute. Analysts who follow exchange flows make the same point: rising whale inflows to centralized exchanges enlarge the pool of tradable XRP and lift the odds of selling pressure. The flow is landing on an already soft tape. The XRP price trades near $1.30, below the 100-day moving average on the daily chart, and our live monitoring shows the token down about 4% over the past 24 hours. That 100-day line, built from the last 100 daily closes, has divided this quarter's higher and lower price regimes. The 30-day window smooths out single-day noise, so the reading reflects a sustained shift of coins rather than one large transfer.

Below Both Long-Term Averages

The chart tells a matching story. The token topped out near $1.66 in late September and has given back about 20% since, slipping under the 100-day moving average and then the 200-day line near $1.38. Volume has faded along the way. The RSI on the daily chart reads about 35, a sign of weak momentum that stops short of an oversold reading. The current candle has just tested support near $1.28; below that, the zone from $1.00 to $1.05 is the next meaningful floor, mapped in full on our XRP technical analysis page. A fall from $1.30 to that $1.05 floor would be roughly another 19%, the kind of move that turns a correction into something longer. Ledger activity is split in a way that matters. Daily transactions hold steady near 2.4 million and active accounts are up 10%, but payments dropped 38% and the volume they carried fell 52%. In plain terms, more wallets are switching on while less real value moves through payments, a pattern that fits trading churn more than growing settlement use. Payments are the metric that separates use from speculation, since they measure value actually settled on the ledger rather than token swaps elsewhere. Buyers need the token back above $1.38 to put it over both long-term averages again. Until then the daily trend favors sellers, conditions closer to a bear market checklist than a bull market one. If deposits keep growing while the price stays under $1.30, the risk of a slide toward $1.20 rises, a further 8% down from the current level. If inflows cool and the $1.28 shelf holds, the drop may end up a pause inside a longer trend.

Positioning, Not Yet Selling

What the deposit record does not settle is intent. A seven-month high in exchange-bound flows measures where whales have moved coins, not what they plan to do with them, and the tape so far shows position-building rather than a confirmed sell-off. One counterweight sits on the other side of the market: XRP ETFs have logged 13 straight weeks of inflows, worth about $740,000 a day, a small but steady bid. Prediction markets have cooled on the upside instead, with Kalshi's year-end odds of a $2 XRP down to 20%. Read on its own, the figure is a size against a baseline: deposits have returned to their April mark after a quiet summer. Whether that positioning becomes supply is a decision that has not yet printed.