XRP whales deposited 1.669 billion tokens to Binance in the past 30 days, hitting a 7-month high.

BlockBeats news, October 15th, according to Cryptoquant data, the cumulative amount of XRP whales flowing into Binance over the past 30 days rose to 1.669 billion tokens, hitting a 7-month high and surpassing the approximately 1.65 billion tokens level in September, indicating that large holders' activity of transferring XRP to trading platforms has heated up again recently.

An increase in whale inflows may raise the tradable supply of XRP on trading platforms. If large holders choose to sell, it could increase market selling pressure. However, capital inflows do not necessarily mean imminent selling; they may also involve wallet rebalancing or the use of other Binance trading services.

This indicator alone is not enough to judge XRP's subsequent price trend; it still needs to be observed in conjunction with net flows, trading volume, and price changes.