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XRP rebounds 5% after $184M surge in Binance inflows amid US inflation concerns

Market News
16 Oct 2026
UToday
View Source
Bullish
XRP rebounds 5% after $184M surge in Binance inflows amid US inflation concerns

XRP experienced a sudden $184 million inflow on Binance as traders bought the dip after US inflation data disappointed markets. This large speculative move helped XRP recover from a drop below $1.30, triggering a 5% price bounce despite broader market pressure. However, the surge was concentrated on Binance and driven by leveraged positions, raising risks of high volatility and potential liquidations ahead. Investors should be cautious as this rebound may not reflect long-term demand but short-term speculative trading.

As of Oct 16, 2026 16:01 WIB, XRP trades at Rp24.036 on Pluang, showing a 1.96% gain in the past day with a market cap of Rp1.524,16 trillion. The platform sees a majority of buying interest at 62%, with a typical hold time of 72 days, indicating steady investor engagement despite the recent volatility highlighted in the news. Binance Coin (BNB) also shows positive movement, up 1.40% at Rp13.104.847, reflecting broader market resilience.

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