XRP Whale Activity Surges on Binance
🚨 CryptoQuant data shows whales are dominating XRP withdrawals from Binance:
🐳 Whale share of Binance XRP outflows jumped to 81% (7-day MA), the **2nd highest level since June 11.
👤 Retail investors accounted for just 18% of outflows.
🌍 Across all centralized exchanges, whale dominance was lower at 72%, highlighting Binance-specific accumulation or fund movements.
📉 Since early July, overall exchange outflows have become more balanced, but whale participation on Binance is rising again.
💡 Insight: Large XRP holders appear to be making significant moves on Binance, while the broader market shows a healthier mix of whale and retail activity. This divergence could signal exchange-specific positioning worth watching.
$XRP
🚨 CryptoQuant data shows whales are dominating XRP withdrawals from Binance:
🐳 Whale share of Binance XRP outflows jumped to 81% (7-day MA), the **2nd highest level since June 11.
👤 Retail investors accounted for just 18% of outflows.
🌍 Across all centralized exchanges, whale dominance was lower at 72%, highlighting Binance-specific accumulation or fund movements.
📉 Since early July, overall exchange outflows have become more balanced, but whale participation on Binance is rising again.
💡 Insight: Large XRP holders appear to be making significant moves on Binance, while the broader market shows a healthier mix of whale and retail activity. This divergence could signal exchange-specific positioning worth watching.
$XRP