XRP falls to $1.33 as whale inflows to Binance hit seven-month high
Image: Crypto.newsXRP traded near $1.33 on October 22 after failing to reclaim $1.40. Whale transfers to Binance reached a monthly average of $112.4 million, the highest since March, according to analyst Darkfost. The monthly average rose about $72 million since August, exceeding the $90 million average from the prior three months. Recent inflows have returned closer to normal levels after a September buildup. Analyst CryptoBusy cited $1.38 to $1.40 as resistance, with $1.45 to $1.50 above it.
Key points
- XRP remained below $1.40 after failing to sustain a recovery toward that level.
- Whale transfers to Binance reached a monthly average of $112.4 million, the highest in seven months.
- The prior three months averaged roughly $90 million, and recent inflows have returned closer to normal levels.
- Analyst CryptoBusy said a confirmed breakout above $1.38 to $1.40 could open a path toward $1.45 and $1.50.
Why it matters
Large XRP transfers to Binance can signal potential selling pressure, while analysts watch $1.38 to $1.40 as resistance and $1.30 as support. Recent inflows have returned closer to normal levels.
What's unclear
Whether the whale inflows reflect actual selling or collateral, custody, and preparation movements remains unclear.
Price context · XRP
At publication
$1.32
Now
$1.32
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
BeInCrypto
Tier 2
Is the XRP Price Heading for a Major Crash? Whale Inflows Hit a 7-Month High
Coverage timeline
- First reported by Crypto.news
- Also reported by BeInCrypto
- CryptoVideos brief published
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