2 год тому
XRP Whales Use Binance Deposits To Sell Into Spot ETF Inflows As Price Weakens
XRP has faced sustained selling even as Spot XRP ETFs attracted $82.04 million of inflows over the recent week. On-chain data from CryptoQuant shows repeated large deposits in the 100,000 to over 1 million XRP range moving from whale wallets to Binance, adding supply that spot buyers have struggled to absorb. Price action has formed lower highs and lower lows, with resistance near $1.95 and potential downside toward $1.50 if heavy inflows to exchanges continue.