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Crypto & Bitcoin

XRP Whale Flow Dominance Reaches 13-Month High of 98.4%

Reported by Mark Brennan, The Crypto Basic

Image: The Crypto Basic

XRP whale activity on Binance has climbed to a level last seen in October 2024, as large holders account for a growing share of the tokens leaving the exchange. The development has drawn investor attention because similar readings in the past came before significant increases in XRP price. For context, the indicator behind this development is the Binance Whale vs. Retail Spread. It measures the difference between outflows involving large XRP holders and those involving smaller investors.

This is an excerpt. The reporting belongs to The Crypto Basic.

Read the full report on thecryptobasic.com
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