on-chain movement

XRP Whale Inflows Hit $900M, Highest Since 2024

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4News media
Published
Updated

XRP saw a large wave of whale deposits to Binance, with one report putting the move at 691 million tokens worth more than $900 million and another describing about $900 million in tokens moving to the exchange. The same coverage also tied the episode to a sharp market drop, heavy long liquidations, and a trader focus on nearby support levels.

Key claims & sources

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Binance recorded 691 million XRP in whale inflows in one day, valued at more than $900 million, and one report called it the largest daily inflow since 2024.
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XRP moved below $1.30 as that Binance inflow exceeded the previous record set during February 2026’s market capitulation.
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XRP also saw about $900 million worth of tokens deposited to Binance during the wider market selloff.
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Whales accumulated 16.46 million XRP over five days before the Binance inflow, and one analysis said the $0.986 August swing low was important for a recovery case.
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XRP liquidations reached $26.02 million across seven exchanges, with long positions making up 98.4% of the total.
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An analysis from Ali Charts put $1.14 forward as a key support level and pointed to a possible rebound toward $1.30.

What it means

Large on-chain transfers to exchanges like Binance are tracked by firms such as Whale Alert and CryptoQuant, and a sudden spike is read as a signal that holders are positioning to sell rather than simply moving coins between wallets. XRP's prior record for single-day Binance inflows was set in February 2026 during a broader market capitulation, so this 691-million-token transfer breaks a benchmark tied to one of the token's worst recent selloffs.

Holders who moved coins onto Binance now have immediate access to sell into order books rather than waiting on a withdrawal from cold storage, giving them optionality that wallet-to-wallet transfers don't. Traders watching exchange balances will treat this spike as a reason to expect added sell-side supply, while market makers and liquidity providers on Binance face a sudden increase in available XRP that can widen price swings in either direction.

Reading exchange inflows as a pure sell signal is contested: the same transparency that lets analysts flag a 691-million-token move also means they can't distinguish a liquidation from a transfer ahead of staking, lending, or over-the-counter settlement. Treating any large deposit as proof of imminent dumping overstates what blockchain data alone can show, even when the timing coincides with a falling price and a broader selloff.

Whether whales keep adding to Binance balances in the days ahead, after accumulating 16.46 million XRP over the prior five sessions, will show if this was a one-off repositioning or the start of sustained distribution. The $0.986 August swing low remains the technical line analysts are using to judge whether any recovery case survives this inflow.

Market reaction i

XRPXRP the headline names this asset

XRP rose 0.6% in the 4 hours after the first headline, after falling 0.5% in the 2 hours before.

$1.09 price at the headline
-0.5% 2 h before
+0.6% 4 h after
+0.3% 12 h after
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 9 09:30
Coinpedia scoop
Breaks the event: $900M
+1 h 24 m
Nov 9 10:54
U.Today echo
No new facts: extensive, bloodbath, deposited
+17 h 31 m
Nov 10 03:00
AMBCrypto context
Its angle: recovery, eventual, pivotal
+23 h 30 m
Nov 10 09:00
The Coin Republic adds
Adds $40M and $26M

Has this happened before?

WhenWhat happenedFigure
12 days ago Ripple Moves $389 Million of XRP Amid Aid for Binance Hack event 2 actors in common · 2 news media
20 days ago XRP News Today: Whale Dumping Alert As Binance Inflows Hit $112.4 Million event 2 actors in common · 5 news media
22 days ago XRP Whales Pull Back? Small Binance Transfers Hit Highest Share Since October 2024 event 2 actors in common · 2 news media
22 days ago XRP whale outflows from Binance hit their lowest level in five years event 2 actors in common · 3 news media
23 days ago XRP Reserves on Track to Hit 2026 High: What's Happening? event 2 actors in common · 2 news media