XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance

XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance

US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day — a streak that coincides with a sharp shift in who is actually moving XRP off centralized exchanges. Related Reading: Bitcoin Eyes $90K As Bears Get Burned Again Amid $30B Open Interest Surge Whales Take Over The Outflow Picture Large holders now account for 91.4% of all XRP leaving Binance, according to on-chain data compiled by CryptoQuant analyst Amr Taha. Retail traders, by contrast, have been squeezed to just 8.4% of outflow activity on the platform. The....


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