XRP Whale Selling Collapsed 98% But 2.76B Tokens Are Already on Binance

2 hours ago 1

Rommie Analytics

Key takeaways:

  • Binance XRP reserves at 2.76B – elevated and holding
  • Price at $1.39, down from $1.48 weekly high
  • Whale-to-exchange transactions collapsed from 38K to 667
  • Exchange depositing transactions at 338 – near multi-week floor
  • Active addresses at 15K – contracting alongside price
  • Reserve divergence historically resolves via price dropping, not reserves clearing
  • No organic network demand building beneath current price level

XRP’s Binance reserves are sitting at 2.76 billion – elevated, stable, and not clearing, while price has slipped from $1.48 to $1.39 since the weekly high. When these two lines decoupled in previous cycles, the resolution came via price adjusting, not reserves clearing.

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