Large XRP holders are moving tokens to Binance at the fastest pace since March, a sign that selling pressure is building, on-chain data shows. The monthly average of whale inflows to the exchange, counting only transfers of more than 1 million XRP, has risen by $72 million since August to $112.4 million. That is well above the roughly $90 million average seen over the past three months. Some individual days have recorded inflows above $400 million. The shift follows XRP’s rally of more than 30% since August, which has pushed the biggest holders to lock in gains. Rising exchange deposits from whales usually come before sales, which could limit XRP’s upside until the selling slows.
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