Do you remember about two weeks ago when I mentioned that the price of $XRP was around 2.23, and there was already an unusually active flow of funds on-chain? Now, in less than half a month, the increase of XRP has already exceeded 45%. Yesterday, I also mentioned that the holdings of large XRP holders have reached a new high, which usually indicates that the price may further break through.

In recent days, there have been some unusual situations on the $XRP chain: several large holders have started to frequently transfer funds in and out of Binance, appearing particularly active. A similar situation occurred once before, when the XRP price rapidly surged from around 0.5 yuan to about 3 yuan, with an increase of nearly six times.

This time, I specifically checked the total reserve of XRP on the exchange and found no significant increase or decrease, which means that although there is a large flow of funds, the overall amount of currency remains stable. In this case, the purpose of the large transfers may not simply be to dump or concentrate selling.

Currently, it is not possible to determine the intentions behind these funds, but this on-chain anomaly is indeed worth paying attention to. Those interested can monitor the trend of XRP in the coming days, and if a trend appears, they can timely enter the market.