Whales Add Over 50 Million XRP as Binance Reserves Sink to Lowest Level Since 2023

Crypto analytics data indicate that XRP whales accumulated more than 50 million XRP worth about $103 million over the last week while the price trades slightly above $2.05. At the same time, XRP balances on Binance have fallen from over 3 billion tokens before the October 10 crash to around 2.6 billion, the lowest level in roughly two years. This combination of large-scale accumulation and shrinking exchange reserves could set the stage for a potential supply-driven price move if current trends persist.