XRP whale inflows to Binance hit seven-month high of 1.669 billion tokens
- —30-day whale inflows of XRP to Binance hit 1.669 billion tokens, a seven-month high
- —A mid-September spike reached about 1.6 billion XRP, then a six-month high
- —XRP traded near $1.31 on October 15, down roughly 5% over 24 hours
- —US spot XRP ETFs logged $1.8 billion in cumulative inflows over 13 straight weeks, with about $740,000 on October 14
Why it matters: Rising whale exchange deposits raise the risk of sell-side supply, but persistent ETF inflows have so far offset that pressure.
Source: Crypto Briefing