XRP’s $45M Whale Problem: Binance’s New Best Friend?

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Breaking news: XRP is currently struggling to hold $1.40, which is basically the crypto equivalent of a toddler refusing to nap. Meanwhile, Bitcoin is chilling in its little price range, pretending it’s not the most overrated sibling in the family. Altcoins? They’re the awkward cousins who show up uninvited and immediately start judging your life choices.

Binance just got a massive influx of XRP, which is like giving a toddler a bag of glitter and hoping they don’t turn the living room into a glitter apocalypse. On-chain data reveals that 31 million XRP were dumped on the exchange in a single day, because nothing says “I’m a big fish” like transferring $45 million worth of crypto to a platform that’s basically the Walmart of digital assets.

Large inflows to exchanges are like a crypto version of a party where everyone’s bringing the same dish-nobody knows if it’s a good move, but here we are. These movements might be repositioning, hedging, or just someone’s way of saying, “I’m not selling… yet.” But in a market where everyone’s on edge, it’s like watching a bunch of nervous squirrels waiting for the next acorn to drop.

Large Holder Inflows Raise Short-Term Sell Pressure Concerns

Turns out, the recent XRP surge wasn’t a retail riot-it was a bunch of whales throwing a tantrum. Addresses with less than 1,000 XRP? Basically the background dancers of the crypto party. Meanwhile, the real players (those with 1 million+ XRP) are like, “I’ll take my liquidity and my dignity and leave now, thanks.” This isn’t a rally; it’s a slow-motion car crash with a side of uncertainty.

So, we’ve got a $45 million pile of XRP sitting on Binance, waiting to be sold. It’s like a ticking time bomb, but instead of a countdown, there’s a cryptic note that says, “I might sell, I might not. Who knows?” In a market where even the moon is hesitant to smile, this is the crypto equivalent of a bad omen.

If these whales decide to panic-sell, XRP could hit rock bottom faster than a TikTok trend. But until then, it’s just a sad little asset trying to find its footing in a world that’s already decided it’s not the star of the show.

XRP Tests Structural Support As Downtrend Persists

XRP is currently trading like a broke person trying to negotiate with a vending machine. The 3-day chart shows it’s in a corrective phase, which is just a fancy way of saying it’s been on a downward spiral since it hit $3.50. Lower highs, lower lows-because nothing says “bullish momentum” like a crypto asset that’s basically a grumpy version of a rollercoaster.

The moving averages are sloping downward like a toddler’s bedtime routine. The longer-term average? It’s flatlined, because even the crypto gods are taking a break. Until XRP can rally back to $1.80 with a crowd of fans, it’s just going to keep getting pushed around by the market’s mood swings.

Volume? It’s like a party where no one wants to dance. But when the selloffs hit, it’s like the DJ finally plays a song everyone knows. Either way, XRP is stuck in a limbo where the only thing more uncertain than its price is the number of people still believing in it.

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2026-02-24 06:45