Markets· ★★★· neutral·

XRP Whales Drive Exchange Outflows as 40x Bitcoin Shorts Appear on Hyperliquid

  • —Whales drove 77% of XRP outflows from CEXs over seven days, retail 22.8%
  • —On Binance, whale share of XRP outflows hit 81% versus 18.7% for retail
  • —XRP reserves on Binance and Upbit fell by roughly 104.7 million tokens
  • —Four new wallets opened 40x shorts on 148.49 BTC ($12.5 million) on Hyperliquid
Why it matters: Heavy XRP exchange outflows alongside well-timed BTC shorts highlight diverging positioning between large holders and leveraged traders.
#XRP#BTC
Source: Brave New Coin
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