XRP Whales Move 691 Million Tokens to Binance in Largest Daily Inflow Since 2024

Whale Inflows Build Over 90 Days

Large holders have been feeding XRP to exchanges at a rising pace for weeks, and the pattern has now produced its most extreme single day since 2024. On-chain data shows that whales deposited roughly 691 million XRP into Binance inside a 24-hour window, with the tokens moved that day worth about $900 million. The concentration on one venue matters as much as the size, because tokens parked on an exchange sit far closer to a sell order than coins moved into self-custody. Nothing since 2024 comes close on the record: the figure stands as the largest one-day whale inflow the asset has posted in that span, and it has drawn immediate attention because heavy exchange deposits have historically sat close to waves of distribution. The deposits landed while the XRP price was under sustained pressure. Trading near $1.30 during the deposit window, the token has since retested its multi-month low around $1.08, a level last touched on August 20, after a decline that carried it well below its local lows. The retest has unsettled traders who had treated that level as a floor through the autumn. Activity among the largest wallets has intensified in step, with each new inflow print stirring speculation that big holders are preparing to distribute. The 90-day moving average of daily whale inflows has climbed above $100 million, its highest reading in nearly six months, which shows large holders were already moving increasing amounts of XRP to the exchange across an extended period before this spike. That longer arc is what separates the current episode from a one-off: the sustained pattern and the single-day record point the same way, and holders of the leading altcoin have read both as a possible sign that whale selling is accelerating.

The new record exceeded the previous inflow high, which was set during the market correction of February 2025, so even that earlier wave of heavy selling did not put this many tokens on the exchange in a single day. That comparison gives the current figure a concrete benchmark rather than a loose sense of scale, because February 2025 marked the last time flows of any comparable size appeared. An inflow print still carries a caveat: coins moved onto an exchange do not automatically change hands, since they can be parked, staged for large transfers, or reorganized between wallets, and a deposit alone does not prove the owners have sold. Whales also hold the option of pulling coins back off the exchange, which keeps the verdict on this episode open until wallet balances confirm a change. Timing is what sharpens the concern. The deposits coincide with a broad sell-off that has taken on bear market proportions, and the token slipped a further 5.1% over the past 24 hours as the correction ran. Investors have responded to the combination with visible nerves, treating each inflow update as a verdict on the asset's near-term direction. Record supply arriving at one venue while prices fall points to increased selling activity among large holders, even though the flows stop short of confirming completed sales. The decline has been broad as well as deep: XRP has posted a 20% monthly loss, its weakest run since February, and an 8% weekly underperformance against Bitcoin as selling spread across major tokens. With $1.08 back in play, scenarios putting the $1 zone back in reach have moved from the fringe to the active map for traders. Whether sellers follow through below $1.08, or hold and wait out the volatility, is the decision that will define the next stretch of price action.

Custody Move or Distribution

The open question is whether the 691 million tokens are being sold or merely repositioned. On-chain flows cannot settle that on their own, but scale matters: when close to $900 million of supply arrives at one venue while prices fall, resting bids and market makers absorb the difference, and the pressure lands directly on the coin's market cap. The February 2025 print shows the market has handled inflows of this size during a correction before; what followed is not on record, so the benchmark speaks to capacity, not outcome. Our XRP technical analysis tracks the levels traders are watching as the $1.08 test plays out. Whether the run is still running is not yet on record, and the 691 million deposit day stands as the last leg until fresh flow data says otherwise.