Overview
- On June 10, 2026, on‑chain charts from CryptoQuant show transfers larger than 1 million XRP into Binance have fallen sharply from their 2025 highs, removing a key sell signal.
- CryptoQuant contributor Pelin Ay says there is no recent spike in the 100K–1M or 1M+ inflow bands that would indicate coordinated whale dumping.
- Analysts attribute the recent price retreat to forced leverage liquidations and broad market weakness rather than mass profit‑taking by large holders.
- If large deposits to exchanges stay muted, reduced on‑exchange sell supply combined with steady demand could let XRP recover toward $1.8–$2.0, a conditional outlook that would reverse if big inflows resume.
- Between 2021 and 2025, 1M+ transfers dominated Binance inflows and helped shape past downturns, so traders are watching exchange flows closely as a short‑term gauge of selling pressure and market sensitivity.