Platforms Coinspeaker and Crypto.news reported that a wallet associated with the Ripple network sent 50 million XRP (approximately $50.5 million USD) to an internal sub-wallet on August 13, then later transferred about 23 million XRP in installments—one million tokens per batch—to an address associated with the Binance platform. U.Today, TradingView, CryptoPotato, and others, citing Santiment data, said that top XRP holders accumulated about 72 million tokens over 24 hours, bringing whale balances to more than 12 billion XRP. Finbold indicated, using CryptoQuant metrics, that the share of XRP withdrawals on Binance and other centralized trading platforms reached its highest level since 2019, with most of the withdrawn coins moving to private wallets. The data shows widespread redistribution, but coin flows on the blockchain alone do not prove any specific trading intent.
$XRP