Investment
Features
FeesSafety
Academy
More
Pluang+

1.6 billion XRP moved to Binance in 30 days, sparking selling pressure concerns but no confirmed direction.

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
1.6 billion XRP moved to Binance in 30 days, sparking selling pressure concerns but no confirmed direction.

About 1.6 billion XRP tokens were transferred to Binance over the past month, raising questions about potential selling pressure. While moving tokens to exchanges often precedes sales, these inflows alone don't confirm selling or a bearish trend. Binance led XRP futures trading with $32.36 billion in volume for September, followed by Bybit and OKX. The high futures volume shows active trading but doesn't indicate market direction or position values. More evidence is needed to confirm if XRP holders are offloading their tokens.

XRP's market cap stands at Rp1.650,48 trillion with a 24-hour trading volume of Rp46,42 trillion on Pluang as of Oct 07, 2026 11:21 WIB. The platform shows a 65% sell order activity and a typical hold time of 71 days for XRP. Despite the large inflows to Binance noted in the article, XRP's price on Pluang is down 2.56% in the last day, indicating some selling pressure but not necessarily confirming a bearish trend.

More News (XRP)

Bitcoin dips below $84,000 as oil prices rise on Iranian tanker attacks, shaking crypto markets.

Bitcoin dips below $84,000 as oil prices rise on Iranian tanker attacks, shaking crypto markets.

Bitcoin fell about 1.5% to just above $84,200 amid escalating Iranian attacks on tankers, which pushed oil prices, Treasury yields, and the dollar higher. Other major cryptocurrencies like Dogecoin, Ether, and XRP also saw notable declines. A break b...

Market News
Bearish
4 hours ago
XRP may skip final rally and drop to $1.27 support amid tightening range below $1.65 resistance.

XRP may skip final rally and drop to $1.27 support amid tightening range below $1.65 resistance.

XRP is trading below a key resistance near $1.65 and may either make a final push toward $1.70 or begin a pullback directly to $1.27 support, with a deeper drop to $1.10 possible. A breakout above $1.80 could turn $1.65 into a new support level, sign...

Technical Signals
Neutral
5 hours ago
Ripple plans to use XRP as collateral for short-term credit from 2027, but protocol approval is pending.

Ripple plans to use XRP as collateral for short-term credit from 2027, but protocol approval is pending.

Ripple announced at the XRP Seoul event that it intends to launch a credit service in 2027 allowing customers to use XRP deposited in lending pools as collateral for short-term payment credit. However, the technical amendment enabling this, LendingPr...

Protocol Fundamentals
Neutral
14 hours ago
Ripple expands prime brokerage deal with Brevan Howard for multi-asset trading and financing

Ripple expands prime brokerage deal with Brevan Howard for multi-asset trading and financing

Ripple has extended its agreement with Brevan Howard, a fund manager with $35 billion under management, to provide multi-asset prime brokerage, clearing, and financing through Ripple Prime. This builds on their previous relationship, including Brevan...

Market News
Bullish
14 hours ago
Firelight launches $115M XRP-backed DeFi insurance on Flare network, boosting XRP utility.

Firelight launches $115M XRP-backed DeFi insurance on Flare network, boosting XRP utility.

Firelight, a DeFi insurance protocol, has launched coverage backed by 50.2 million XRP staked on the Flare network, totaling $115 million in coverage capacity. This new use of staked XRP enhances its utility within DeFi by protecting against smart-co...

Protocol Fundamentals
Bullish
14 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App