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Whale Watch

XRP Whales Send $112.4 Million to Binance in 7-Month-High Inflows

XRP whales sent $112.4 million to Binance, the largest inflow in seven months, while the price held near $1.33 and analysts watched the $1.33 pivot level.

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October 22, 2026, 04:36 PM UTC5 min read
AI SummaryAI
  • Analysts define whale deposits as transfers above 1 million XRP sent to exchanges.
  • XRP recovered more than 30% since August as large holders banked gains.
  • XRP traded near $1.33 in a $1.32 to $1.40 range with capitalization near $84 billion.
  • Live monitoring shows XRP down 4.3% over the past 24 hours.
binance.com

Whales Move $112.4 Million to Binance

XRP whales sent $112.4 million in tokens to Binance in the largest wave of exchange inflows the asset has recorded in seven months, while the XRP price held near $1.33 when the readings were compiled on Thursday. The two facts sit next to each other without resolving each other: large holders were delivering coins to a venue built for selling, and the market had not visibly repriced on top of the move yet. The flow series comes from on-chain tracking that counts only transfers above 1 million XRP as whale deposits, a threshold designed to exclude routine retail top-ups, and the post carrying the figure applies it across the token's full Binance deposit history. The destination matters as much as the volume. Coins held on an exchange can be sold within minutes, so deposits at this scale are read as pre-positioning rather than cold storage.

The size lands against a quiet baseline. Monthly whale inflows had averaged close to $72 million in recent weeks, the three-month moving average sat near $90 million, and individual sessions had occasionally pushed past $400 million when distribution ran hot. A print of $112.4 million next to those numbers stands well clear of where the series had been running. The rally underneath it helps explain the timing: XRP has recovered more than 30% since August, and large holders who sat through the drawdown had a clean window to bank gains into strength. Nothing in the pattern reads as panic selling. The newest prints bend the other way, with inflows easing back toward more normal levels, which points to the heaviest selling pressure already thinning out, at least for the moment. Whether that cooling survives the rest of the week is what the flow series will show next.

Technicians Split on the $1.33 Line

Coins sitting on an exchange can be sold in minutes, which is why a surge in whale deposits has tended to arrive shortly before short-term weakness rather than after it. The chart work published alongside the flow data frames where that risk would surface. One widely followed tracker on the four-hour chart has XRP testing a major descending resistance trendline, a line of lower highs that has capped each rally attempt, after a recovery that carried the token from $1.26 toward $1.40. Price briefly cleared the trendline and was pushed back toward $1.34, the first rejection the recovery has produced at that line. A confirmed breakout above the $1.38 to $1.40 zone would, on that reading, open a path toward $1.45 and $1.50. Losing $1.33 instead would point the tape back toward $1.30 and then $1.26, and the $1.33 level now works as a pivot point between the two outcomes, a test our XRP technical analysis page follows. Other chart work reaches the same checkpoint from its own side, framing the $1.33 test as the decision between $1.50 and a slide lower.

The disagreement runs through the wider analyst set. A more cautious map allows for a dip toward $1.18 before any climb toward $1.63 and $1.80, and its author marks that path as intuition until price action confirms it. On the upside, another chart sets an immediate $1.55 target, conditional on the key levels holding. When the readings were taken, XRP traded inside a 24-hour range of $1.32 to $1.40 with the market capitalization close to $84 billion, so the tape was consolidating while the deposit wave landed rather than breaking in either direction. Whales can move a market of that size quickly, and that speed asymmetry, minutes to sell against weeks of accumulation, is what gives deposit data its lead over price. It is also why the inflow series, not any single level on the chart, is the signal traders are being told to watch next.

Flows Cool While ETF Demand Builds

The spike and the cooldown read as one story at different stages. The recovery since August handed large holders a profitable exit, the $112.4 million print shows some of them taking it, and the slide back toward normal inflow levels suggests the heaviest distribution has already passed. None of it looks like bear market capitulation; these are deposits into a 30% rally, not flight from one. Confirmation matters more than direction here, because the downside map to $1.18 and the upside targets from $1.45 upward all rest on unconfirmed levels, a DYOR situation until price decides. Institutional demand runs counter to the exchange deposits: cumulative XRP ETF net inflows stand at $1.8 billion. Live monitoring shows XRP down 4.3% over the past 24 hours; the cooling whale flows are landing alongside a weakening tape, and the deposit series is the number that connects them. The full flow history sits on our XRP tag hub.

Readers tracking the market in real time can follow live spot and futures prices on Bybit.

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