XRP Inflows to Binance Surge 663% While Reserves Remain Stable

XRP price climbed toward $1.50 on September 21, recovering from lows near $1.27 earlier in the month. The rally occurred alongside a notable spike in exchange activity.

Exchange inflows spike

On‑chain data shows average daily XRP inflows to Binance reached 21.7 million tokens, a 663 % increase over the quarterly average. The surge was concentrated in three days: 91.2 million tokens on September 11, 44.5 million on September 16, and 41.7 million on September 17.

Binance reserves remain largely unchanged

Despite the large deposits, Binance’s total XRP reserves rose only 0.22 % to roughly 2.63 billion tokens. Daily outflows during the same period averaged 11.6 million tokens, indicating balanced two‑way turnover rather than net selling pressure.

Whale accumulation

Data from Santiment, cited by analyst Ali Martinez, shows that large XRP holders added about 1.54 billion tokens (≈ $2.2 billion) within a 96‑hour window, supporting an accumulation narrative.

Technical outlook

The price is near the 50‑week moving average around $1.51, which is viewed as a primary target. A support zone near $1.38, defined by prior volume, could limit downside risk. Failure to hold the 50‑week average may pull price toward $1.38, with further weakness potentially exposing the $1.29‑$1.30 area.

Market context

During the same period, crypto assets posted gains: BTC +14 %, ETH +16 %, SOL +22 %, ADA +27 %, LINK +22 %, AVAX +59 %.