Crypto analyst Darkfost reported that XRP whale outflows on Binance have fallen to their lowest level in five years based on the 90-day moving average. Withdrawals from exchanges by large XRP holders continue to decline. The relatively quiet market may indicate that major investors are waiting for more attractive prices before increasing their exposure. In this passive market environment, more XRP holders are choosing the UE Crypto cloud mining platform to generate passive income. Exchange outflows record assets moving from trading platforms to external addresses. Analysts sometimes examine large withdrawals for potential evidence of accumulation, although withdrawals do not establish who ultimately owns the transferred tokens or whether the transaction represents a purchase. Transfers between internal and external exchange wallets, custody arrangements, and other operational activities can all affect flow data. Therefore, declining outflows mean that large holders have stopped buying XRP and turned to other platforms offering more challenging yet stable returns. Darkfost interpreted the five-year low as a sign of a significant slowdown in whale activity. He believes that XRP‘s rel...
XRP whale outflows fall to a five-year low as market momentum weakens: how can holders turn the tide and earn $10,000 a day?
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