 ▲ XRP (XRP) / AI-generated image © |
XRP (Ripple) whales have moved large amounts of tokens to Binance over the past ten days, heightening market tension.
According to crypto media outlet Bitcoinist on March 12 (local time), Arab Chain, an analyst at on-chain analytics platform CryptoQuant, reported that large investors’ XRP transaction flows have increased significantly this year, with a noticeable rise in volumes heading to Binance. Data shows that approximately 4.8 billion XRP have flowed into Binance from whales so far in 2026.
This movement has accelerated further in recent days. Since early March, about 450 million XRP have been transferred from whale wallets to Binance. Compared with previous periods, this marks a substantial increase, raising the possibility that major investors are repositioning to secure exchange liquidity.
There are various reasons why whales move assets to exchanges. Some may be preparing for large trades or portfolio rebalancing, while in other cases it can be interpreted as a signal of planned selling or trading strategies in anticipation of heightened price volatility. Historically, sharp increases in whale inflows to exchanges have often preceded major price swings or shifts in market direction, drawing close attention from market participants.
Currently, XRP is trading sideways in the $1.35–$1.40 range. Following a downtrend that began late last year, the price plunged from above $2 to around $1.20 earlier this year. At that time, a surge in trading volume accompanied buying interest, forming what analysts describe as a capitulation zone.
Since then, XRP has entered a narrow consolidation range around $1.35. However, the technical structure remains bearish. The price is trading below the 50-day and 100-day moving averages, while the long-term 200-day moving average is positioned near $2.20. In the short term, the $1.25–$1.30 zone is acting as key support, and analysts say XRP needs to reclaim the $1.60–$1.70 resistance range to establish upward momentum.
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