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Large XRP transfer of 691M tokens to Binance hits $900M as price dips below $1.30

Market News
10 Nov 2026, 06:21 WIB
Tokenpost
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Neutral
Large XRP transfer of 691M tokens to Binance hits $900M as price dips below $1.30

About 691 million XRP tokens, worth over $900 million, were transferred to Binance in one day, marking the largest daily inflow since 2024. This surge occurred as XRP's price fell below $1.30, indicating potential selling pressure. The 90-day average daily inflow to Binance also reached its highest level in nearly six months, exceeding $100 million per day. While deposits to exchanges make tokens available for sale, they do not confirm actual sales, highlighting increased market activity but not necessarily immediate trading.

Following the large XRP transfer to Binance highlighted in the news, XRP on Pluang is trading at Rp19.854 with a 1-day decline of 1.38% as of Nov 10, 2026 11:31 WIB. Market activity shows a balanced order flow with 46% Sell and 54% Buy, and a typical holding period of 73 days. This suggests steady investor engagement despite the recent price dip.

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