XRP Whales Use Binance As Their Primary Platform For Transactions!

The post XRP Whales Use Binance As Their Primary Platform For Transactions! appeared first on Coinpedia Fintech News

Reportedly, major whales are currently using the Binance exchange as their primary platform for “XRP” transactions. As per the on-chain data, the total inflow of XRP to exchanges from whales, defined as those making deposits of over 1 million XRP has experienced a sharp rise. Moreover, since late 2021, large-scale investors have been constantly moving their XRP holdings to Binance. Moreover, they have steadily remained active on the exchange and have not shifted their assets to other marketplaces. Notably, this highlights the dominance of Binance and its reliability for high-volume “XRP” transactions among whale wallets.