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XRP whale inflows to Binance hit $900M in a day as price drops below $1.30, signaling potential selling pressure.

Market News
09 Nov 2026, 10:26 WIB
Blockonomi
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Bearish
XRP whale inflows to Binance hit $900M in a day as price drops below $1.30, signaling potential selling pressure.

XRP whale deposits to Binance surged to $900 million in one day, with about 691 million XRP moved, marking the highest inflow since 2024. This spike coincided with XRP's price falling below $1.30, raising concerns about potential selling pressure as whales may be moving tokens to exchanges to sell. The 90-day average inflow also rose above $100 million daily, the highest in six months, indicating sustained transfer activity. Technical analysis shows XRP testing key support at $1.10, with downside levels at $1.00 and $0.90, while broader market weakness could add further pressure. However, it remains unclear if these inflows translate into actual sales or just token transfers.

XRP's market cap stands at Rp1.249,67 trillion with a 24-hour trading volume of Rp43,68 trillion on Pluang as of Nov 09, 2026 15:41 WIB. Despite the whale inflows reported, XRP's price on Pluang has dropped 6.06% to Rp19.768, with 62% of order activity showing buying interest and a typical hold time of 73 days. This suggests active trading and interest among Pluang users even as the price tests key support levels.

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