On-chain data shows that whale $XRP deposited a cumulative 1.669 billion tokens to Binance over the past 30 days, a seven-month high and more than the approximately 1.65 billion deposited in September. Notably, inflows to exchanges only indicate an increase in the tradable supply; portfolio rebalancing and the use of other services can also push this metric higher, so they do not necessarily mean selling. $XRP is currently trading at 1.3096, down 4.07% over the period. Net flows and trading volume will also need to be considered going forward.

#巨鲸动向 #链上数据 #Whale