Title: Binance Whale-to-Exchange 365D SMA Falls to 23,834, Lowest Since August 2025*

The 365-day SMA of XRP whale-to-exchange transactions on Binance reached 23,833.7 on November 12, 2026.

The 50-day SMA of the same series was 12,315.2 on August 16, 2026, and rose to 23,816.3 on November 12, about 93% higher.

XRP traded at $1.04 on November 12, 2026.

The 50-day average has now converged on the 365-day average. In other words, whale transactions to Binance over the last 50 days are running near the yearly average, after being roughly half that level in mid-August. This recovery points to renewed whale activity toward the exchange, though it does not on its own signal buying or selling.

Over the same period, XRP fell from about $1.25 on November 2 to $1.04 on November 12. The rise in whale deposits has therefore coincided with a price decline, which may suggest large holders are moving coins to the exchange while price weakens.

Market context: a hot-wallet hack at Binance on October 29, in which about $6.2 to $6.4 billion was stolen, falls before the recovery in the 50-day average and may have shaped large transfers earlier in the period. The latest macro snapshot in this dataset is from November 5 (dollar index 101.56, 10-year yield 4.95%). These are US-level series and do not measure whale flows directly, and no macro reading covers the week of November 9 to 15.

One candidate explanation, unverified: the return of whale transactions to Binance may reflect large holders repositioning after the recent price declines.

Written by CryptoOnchain