Binance Sees Surge in XRP Inflows Amid Market Volatility
Binance experienced a 663% increase in average daily XRP inflows last week, totaling over 21 million tokens per day. While the spike coincides with the U.S. Senate's failure to advance the CLARITY Act and a Federal Reserve rate hike, data does not confirm an intent to sell. The activity appears concentrated in specific sessions, suggesting large holders may have been repositioning assets rather than preparing for an exit.
Summaries are written by AI from the original article. Not investment advice.