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>>A $45 million crypto blow: Whale deposits to Binance could derail XRP’s rebound.

A $45 million crypto blow: Whale deposits to Binance could derail XRP’s rebound.

crypthub

about 8 hours ago

Current Price Pressure

XRP is battling to stay above $1.40 as persistent selling depresses sentiment. The broader crypto market shows fragile price action and limited directional cues. Bitcoin’s range‑bound trading adds to the uncertainty, making altcoins especially vulnerable.

Exchange Inflows and Large Holders

Binance received over 31 million XRP in a single day, highlighting its role as a high‑volume hub. The majority of the transfer came from wallets holding more than 10,000 XRP, indicating activity by large participants rather than retail. This influx adds roughly $45 million of potential sell‑side liquidity to the order books.

Technical Structure

On the 3‑day chart XRP follows a corrective pattern of lower highs and lower lows since the 2025 peak. Price sits below short‑ and medium‑term moving averages, which now act as dynamic resistance, while the long‑term average has flattened. A break below the $1.30‑$1.40 support could trigger a move toward $1.10‑$1.20.

Outlook

Recovery hinges on reclaiming the $1.80‑$2.00 zone with strong volume to overcome supply pressure. Continued large‑holder deposits may sustain short‑term sell pressure, limiting upside. Monitoring exchange outflows will be key to assessing any shift toward upward momentum.

A $45 million crypto blow: Whale deposits to Binance could derail XRP’s rebound.

Current Price Pressure

Exchange Inflows and Large Holders

Technical Structure

Outlook

A $45 million crypto blow: Whale deposits to Binance could derail XRP’s rebound.