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XRP whales transfer 1.67B tokens to Binance amid price drop, sparking sell-off concerns.

Market News
15 Oct 2026
Bitcoin
View Source
Neutral
XRP whales transfer 1.67B tokens to Binance amid price drop, sparking sell-off concerns.

Over the past 30 days, large XRP holders moved 1.669 billion tokens to Binance, the highest in seven months, as XRP trades near $1.33 after a tough October losing about 10-12% of its value. While this surge in whale inflows raises fears of increased selling pressure, experts caution that deposits to exchanges don’t always mean immediate sales; they could reflect portfolio shifts or other activities. Exchange wallets now hold over 22 billion XRP, with Upbit and Coinbase leading, but much of this XRP belongs to customers, not the exchanges themselves. Traders are watching closely to see if these moves will impact XRP’s price further or if they are routine repositioning.

XRP whale movements are noted here alongside Pluang's market data for context. For readers following cryptocurrency markets, 38 of 50 major cryptocurrencies rose today, including CRV at Rp6.305 with a 7.83% increase and a 98% buy order activity, UNI at Rp133.316 up 5.94%, and FIL at Rp20.601 up 5.80%. This snapshot is as of Oct 16, 2026 09:21 WIB.

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