727 FinancePANews October 15 news, according to a CryptoQuant report analysis, XRP whale inflows to Binance have recently rebounded significantly, reaching a cumulative 1.669 billion XRP over the past 30 days, a seven-month high, surpassing the previous high of about 1.65 billion in September, reflecting a recovery in activity by large holders transferring XRP to exchanges.
Increased whale inflows may boost XRP's tradable volume in the market, and if large holders choose to sell, the risk of selling pressure will rise accordingly. However, rising inflows do not necessarily mean an imminent sell-off; they may also stem from asset reallocation between wallets or the use of other trading services on Binance, and subsequent judgment still needs to be made comprehensively in light of net flows, trading volume, and price performance..