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![[CoinToon] "Binance Ripple (XRP) Whale Deposits, Lowest Level Since 2021"](/_next/image?url=http%3A%2F%2Fwww.coinreaders.com%2Fdata%2Fcoinreaders_com%2Fmainimages%2F202608%2F700_466_800_533_2026081631136043.webp&w=3840&q=75)
[CoinToon] "Binance Ripple (XRP) Whale Deposits, Lowest Level Since 2021"
CryptoQuant contributor Darkfost analyzed that XRP (Ripple) whale funds flowing into Binance have decreased to the lowest level since 2021, based on a three-month average. Darkfost explained, "The current whale deposit volume is approximately $61 million, which is 6-8 times lower compared to $456 million in January and $355 million in October last year. Although the decrease in whale activity is a positive sign in terms of easing selling pressure, net inflows are still positive at $18.8 million. As there is no clear new demand, it is too early to determine a trend reversal for XRP."
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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