CryptoQuant: Over 2.66 billion XRP transferred to Binance in the past 30 days, the highest since April
CryptoQuant monitoring data shows that more than 2.66 billion XRP tokens have been transferred to the Binance exchange in the past 30 days, the highest amount of XRP deposited by large investors since April 2024.
CryptoQuant analysts said that the large inflows suggest that large XRP holders are actively moving XRP through the network and interacting with Binance as an exchange. Whale deposits can often signal a potential shift in strategy, as these players have a large amount of assets at their disposal.