691 million XRP hit Binance — the largest whale inflow since 2024. And XRP fell less than Bitcoin on Friday's flush.
That's the gap I'm watching. The inflow was worth about $900 million, and the 90-day average of whale inflows tops $100 million — a six-month high. Deposits aren't sales, though: part of it looks like Binance refilling XRP reserves after the October hack, and whales bought 16.46 million XRP in the five days before it.
XRP is down 19% from its early-November peak near $1.34 and sits on $1.00 — the August low and the bottom of its falling channel. The ladder above it: $1.06 first, then $1.10, then $1.14.
What keeps me cautious: XRP ETFs have bled five straight sessions, about $18 million out, and retail sentiment on XRP is the most bearish of the majors. A daily close under $0.99 ends my floor read and opens $0.90.
$1.06, $1.10, or back under $0.99 — which print comes first?
NFA, DYOR.
$XRP $BTC #Altcoins #XRP #WhaleWatch #XRPAnalysis
That's the gap I'm watching. The inflow was worth about $900 million, and the 90-day average of whale inflows tops $100 million — a six-month high. Deposits aren't sales, though: part of it looks like Binance refilling XRP reserves after the October hack, and whales bought 16.46 million XRP in the five days before it.
XRP is down 19% from its early-November peak near $1.34 and sits on $1.00 — the August low and the bottom of its falling channel. The ladder above it: $1.06 first, then $1.10, then $1.14.
What keeps me cautious: XRP ETFs have bled five straight sessions, about $18 million out, and retail sentiment on XRP is the most bearish of the majors. A daily close under $0.99 ends my floor read and opens $0.90.
$1.06, $1.10, or back under $0.99 — which print comes first?
NFA, DYOR.
$XRP $BTC #Altcoins #XRP #WhaleWatch #XRPAnalysis
