XRP Whale Activity Surges With Billions in Binance Deposits Per Day

By: beincrypto|2025/05/02 17:45:02

XRP whales are depositing their assets on Binance in a huge pattern, 0.2 billion to 6.9 billion tokens per day. The exchange is currently the industry leader in XRP deposits. Some analysts have hypothesized that growing optimism about XRP ETFs is helping fuel these trends. Even if full approval may be months away, progress still has downstream impacts on the XRP market.XRP Whales Head to BinanceThe crypto community is very optimistic about an XRP ETF, which has been fueling some bullish behavior. New data suggests a useful barometer to measure market dynamics: XRP whale activity on Binance.According to analysis from CryptoQuant, Binance is currently the largest recipient of heightened XRP whale activity. These traders aren’t just betting on the market but moving it in a consistent pattern. And yet, the XRP deposits continue, even though it can cause the price to sink:“Whale XRP deposits into Binance tend to indicate inflection points for the price of XRP. For example, the price of XRP bottomed out between Apr 7-9 as inflows of XRP spiked from 1.2 to 6.9 Billion. Likewise, the price XRP found a local top early in March as whale deposits increased from 0.7 to 2.9 Billion XRP,” claimed Julio Moreno, Head of Research at CryptoQuant.XRP Whale Inflows Into Binance. Source: CryptoQuantIn early March, XRP whales reached unprecedented activity, possibly indicating an upcoming distribution phase. Earlier today, newer data showed that these high-volume traders purchased more than 900 million XRP tokens in April. XRP exchange trading volume is spiking all around.XRP Spot Exchange Volume Since 2020. Source: CryptoQuantThis heightened activity can have a deleterious effect on the price of XRP, but that may not matter in the long run. These traders can actually move the XRP market, and that knowledge is part of their calculations. Even though the XRP ETF recently saw some setbacks, the bigger picture still looks optimistic.Even if the ETF does receive approval, there are still concerns that it might have limited market appeal. After all, Bitcoin ETFs currently occupy around 90% of that market sector. Nonetheless, these whales show a significant level of optimistic sentiment for XRP’s future.The post XRP Whale Activity Surges With Billions in Binance Deposits Per Day appeared first on BeInCrypto.

-- Price

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

When American giants collectively "defect" from Chinese AI models

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.