XRP whales are on a buying spree via Binance
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Key points of the news: XRP whales removed 465 million tokens from Binance between June 3 and 11, equivalent to about $530 million. In the previous 30 days, large wallets had deposited 1,330 million XRP into the exchange, generating constant sales pressure. An average drop of 2.92% is projected in 7 days, with a target price of $1.11 for June 19. XRP whales accumulated aggressively through Binance during the second week of June 2026.
Finbold
Cryptocurrency News | Cryptocurrency Prices | Market CapXRP whales are on a buying spree via Binance
XRP, the native crypto token of XRP Ledger (XRPL) network, has experienced renewed demand from whale investors on the Binance exchange. Between June 3 and June 11, 2026, XRP daily outflows from Binance exceeding 1 million tokens totaled 465 million tokens, valued at about $530.1 million, according to CryptoQuant data analyzed by Finbold on June 12. Multi-exchange daily outflow amount above 1M XRP. Source: CryptoQuant The renewed demand for the t…
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