TLDR:
- Whale deposits reached $900 million as roughly 691 million XRP moved into Binance in one day.
- The 90-day average of XRP inflows topped $100M daily, its highest level in nearly six months.
- XRP traded at $1.08, down 6.91% in 24 hours and 12.97% over seven days, per CoinGecko.
- CasiTrades identified $1.10 as key Fibonacci support, with $1.00 and $0.90 as lower downside levels.
XRP whale inflows to Binance reached $900 million in a single day as the token fell below $1.30. Market analyst Darkfost on X reported that approximately 691 million XRP entered the exchange, marking the largest daily inflow since 2024.
The figure also surpassed the previous record set in February 2026 during a market capitulation episode. CoinGecko data put XRP at $1.08, down 6.91% over 24 hours and 12.97% over seven days.
XRP Whale Inflows Rise as Binance Deposits Accelerate
Darkfost’s analysis shows that the increase extends beyond one unusually large transfer day. The 90-day moving average of XRP inflows has climbed above $100 million daily. It is the highest level in nearly six months, pointing to sustained exchange-transfer activity.
A moving average smooths daily fluctuations and helps show whether inflows persist beyond a single session.
Whale transfers to centralized exchanges can precede sales because deposited tokens become available for trading. An exchange inflow records tokens sent to a platform, not a completed trade.
The data cannot confirm whether holders placed sell orders or simply kept XRP on Binance. Actual spot sales and trading volume offer a clearer picture of whether deposits translate into market pressure.
The timing has raised questions because XRP slipped below $1.30 as deposits accelerated.
Holders facing falling prices may move tokens to exchanges to reduce exposure or secure remaining gains. However, transaction data alone cannot establish each whale’s intention.
Darkfost also pointed to a possible connection with Binance’s October 29 security breach.
Approximately 233.5 million XRP were stolen during that incident. Some incoming transfers could reflect efforts to replenish exchange reserves, although the available figures do not confirm that explanation.
XRP Price Analysis: $1.10 Support Faces Another Test
CoinGecko’s latest figures show XRP trading at $1.08, with 24-hour trading volume of $1,857,631,643. Darkfost also noted that XRP trades more than 67% below its latest all-time high.
Technical analyst CasiTrades on X said XRP had reached the $1.10 Fibonacci support area. The level aligns with the local 0.854 retracement and the macro 0.786 retracement. CasiTrades warned that the relative strength index (RSI) still signals strong selling momentum.
The analyst expects XRP could test $1.10 again or move below it if sellers remain in control. The next downside levels identified are $1.00 and $0.90. These are technical scenarios, not confirmed price targets.
The broader market could also influence XRP’s next move. CasiTrades said Bitcoin appeared vulnerable to further downside, which could add pressure across crypto markets.
A stronger response from buyers around $1.10 would help challenge that bearish outlook.
For traders, the key distinction is whether Binance deposits turn into actual spot selling. Rising exchange inflows can signal potential supply, while executed sales and trading volume show whether that supply reaches the market.
Until those signals align, the $900 million spike signals possible pressure, not a confirmed whale sell-off.
