XRP Whale Inflow to Binance Hits $900M, Highest Since 2024

On November 9, 2026, the largest XRP▼$1.09 whale inflow to Binance since 2024 moved roughly 691 million XRP to the exchange within a single 24-hour window. At around $1.30 per token during the transfer period, that put the estimated value near $900 million — the largest single-day inflow to the exchange since 2024, per U.Today‘s reading of CryptoQuant data. It also topped the previous record set during the February 2025 market correction.

The timing was hard to ignore. XRP was already retesting $1.08, a multi-month low not seen since August 20, while Bitcoin slipped below $74,000 and the total crypto market shed value across the board.

🟢What Happened: The XRP Whale Inflow to Binance Reached 691 Million in 24 Hours
🟢Who Is Behind the XRP Whale Inflows?
🟠Background: XRP's Recent Price Decline
🟢Why the Binance Inflow Matters to XRP Holders
✨What the $900 Million and $100 Million Figures Show
❓Risks and Open Questions Around the Transfers
🟢What Happens Next for XRP and Binance
❓FAQ

What Happened: The XRP Whale Inflow to Binance Reached 691 Million in 24 Hours

The key facts behind the XRP whale inflow

CryptoQuant tracked the deposits across a single day. XRP traded near $1.30 during the transfer window, putting the batch at roughly $900 million. The coins arrived at Binance — a venue that supports spot trading, lending and collateral — which is why large inflows draw attention even before any trade takes place.

The senders are described only as whales or large holders. No individual wallets, companies or named traders appear in the sourced material, which means the market signal comes entirely from scale and timing rather than identity.

Why Binance became the focus

Binance was the sole receiving exchange named. A centralized exchange is where spot selling happens, so the direction of the flow — from cold or external wallets toward an active trading platform — is what analysts treat as the signal. That said, depositing tokens is not the same as selling them. The coins could be held, used as collateral, loaned out or moved again.

Who Is Behind the XRP Whale Inflows?

CryptoQuant supplied the on-chain reading

CryptoQuant provided both the single-day figure and the longer trend. Its data shows the 90-day moving average of daily whale inflows had climbed above $100 million after recent market declines — the highest level in nearly six months. One large day is noise; a rising 90-day average is a trend.

Large holders, not named traders

No account in the sourced material names the depositors. A single entity can split a transfer across multiple transactions, or several holders can move funds simultaneously — the on-chain data alone cannot distinguish between the two. There is no basis for attributing the deposits to Ripple, a fund or any market maker. What is clear is that a significant volume reached Binance while XRP was already under price pressure.

Background: XRP’s Recent Price Decline

XRP returned to a level last seen in August

The token retested $1.08 on November 9 — the same level it last touched on August 20. CoinGecko listed XRP at $1.089 when data was pulled at 11:21 UTC, down 6.36% over 24 hours, with a market cap near $69.2 billion and volume around $2.5 billion.

The wider market added pressure

CryptoPotato reported Bitcoin falling below $74,000 that Monday, with total crypto market cap dropping below $2.5 trillion. XRP broke below $1.10 alongside steep losses in other major altcoins. The whale flow and the market selloff arrived together, not in sequence.

Why the Binance Inflow Matters to XRP Holders

For users and holders

Nine hundred million dollars worth of any asset moving to a trading venue in a single day is unusual. At roughly $1.30 per token, 691 million XRP represented a substantial block of potential supply hitting Binance at a moment when buyers were already stepping back. Whether that supply actually reached the market depends entirely on what the depositors did after the transfer — custody, hedging and lending are all possible outcomes alongside an outright sale.

For the XRP market

The more telling detail may be the 90-day average crossing $100 million. A one-day spike can be dismissed as a single actor repositioning; a multi-month average at a six-month high suggests the behavior has been consistent. With XRP sitting near $1.08, any sustained selling from those Binance balances would land on a token that has already given up significant ground.

For the exchange-flow narrative

The November 9 transfer extended a pattern that built through the broader market decline. Large holders steadily moved XRP toward Binance, and the 90-day average reflects that accumulation. Traders are therefore watching follow-up flows — continued deposits would confirm the concern, while a slowdown would weaken it.

What the $900 Million and $100 Million Figures Show

The $900 million estimate

The $900 million is a market-value estimate based on XRP trading near $1.30 during the transfer window. It is not cash withdrawn from Binance and not proceeds from completed trades. By the time CoinGecko data was fetched at 11:21 UTC, XRP had fallen to $1.089 — the same 691 million tokens were worth less at that price.

The $100 million moving average

The 90-day moving average of daily whale inflows measures activity across roughly three months, not a single event. Its crossing above $100 million puts the November 9 deposit in context: the single-day figure was about nine times that average. Together, the two numbers show both how large the transfer was and how elevated the recent trend has become.

The $1.08 price level

August 20 was the last time XRP sat at $1.08. The return to that level — while large holders were moving tokens to an exchange and Bitcoin was breaking below $74,000 — makes it the clearest near-term reference in the current story. A sustained recovery would shift the narrative; another test would keep the whale-flow data front and center.

Risks and Open Questions Around the Transfers

Deposits are not the same as sales

The $900 million figure describes tokens that arrived at Binance. It does not tell you how many were sold, at what price or over what timeframe. The price decline and the deposit happened in the same window, but the data cannot establish cause and effect. Interpreting every inflow as immediate sell pressure overstates what on-chain data actually shows.

Liquidity and market-wide pressure

XRP was falling inside a broader downturn — Bitcoin below $74,000, total market cap below $2.5 trillion per CryptoPotato. That environment can amplify the effect of large transactions because liquidity thins as sentiment turns. The 24-hour volume of about $2.5 billion gives some scale to the inflow, but the execution method, timing and final destination of those tokens determine whether the deposit ever becomes visible selling pressure.

Unidentified holders and changing value

The depositors remain unnamed. The dollar figure shifts with XRP’s price. Holders face a practical risk if heavy exchange deposits continue near a multi-month low. Traders face the opposite risk — pricing in a wave of selling that never materializes.

What Happens Next for XRP and Binance

The next signal is the flow trend

Whether daily whale deposits stay elevated after the 691 million XRP transfer is the most relevant thing to track. The 90-day average above $100 million gives traders a benchmark. Fresh deposits near current prices would sustain the supply concern; a drop in the pace would ease it, even if the broader market remains weak.

Price response near $1.08

XRP’s behavior around $1.08 will frame the next discussion. The level was last seen on August 20 and is now the clearest line in the chart. A move away from it changes the immediate picture. Another test keeps attention on the deposit data and the wider selloff. The sourced reporting sets no deadline, scheduled release or upcoming event that would independently resolve the situation.

Why the distinction matters

The event reads as a warning about large-holder positioning, not a confirmed liquidation. The scale is significant, the timing is bearish and the trend is rising — but the market still needs to show what the deposited XRP actually does. Three numbers define the story for now: 691 million tokens moved in 24 hours, an estimated $900 million value at the time of transfer and a 90-day whale-inflow average above $100 million.

FAQ

How much XRP was deposited to Binance?

About 691 million XRP entered Binance over 24 hours, per CryptoQuant data cited in the November 9 report.

What was the estimated value of the XRP inflow?

The tokens were valued at roughly $900 million, based on XRP trading near $1.30 during the transfer period. That is an estimate of market value, not confirmed sale proceeds.

When was the XRP inflow reported?

U.Today published its account on November 9, 2026. CoinGecko market data used in the article was fetched at 11:21 UTC the same day.

Was this the largest single-day XRP inflow since 2024?

Yes. The CryptoQuant figures place it as the largest single-day inflow since 2024, exceeding the record set during the February 2025 market correction.

Does depositing XRP to Binance prove that whales sold?

No. A deposit confirms the tokens reached the exchange, not that they were sold. Holders may have retained the coins, used them as collateral or moved them elsewhere.

What was XRP’s reported multi-month low?

XRP retested around $1.08, a level last seen on August 20. CoinGecko listed it at $1.089 when data was pulled on November 9.

What should XRP holders watch after the transfer?

Whether new whale deposits stay elevated and whether the 90-day average holds above $100 million. XRP’s price action around $1.08 is the other key near-term signal.

This article is for information only and is not financial advice.