CryptoQuant: Cumulative XRP whale inflows to Binance reached 1.669 billion XRP over the past 30 days, marking a seven-month high.

According to the on-chain analytics platform CryptoQuant, cumulative XRP inflows from whales to Binance reached 1.669 billion XRP over the past 30 days, hitting a seven-month high and surpassing the previous peak of approximately 1.65 billion XRP in September. These large inflows may increase market sell-off pressure, but could also be attributed to asset redistribution among whale wallets. Further assessment will require a comprehensive analysis of net flows, trading volume, and price trends.