Binance has recorded its largest XRP inflow of February, with transfers totaling approximately $650 million. The sudden surge in exchange deposits was primarily triggered by a geopolitical shock that rattled global financial markets and dampened risk appetite. Technical indicators for XRP have also shown signs of weakening, prompting investors to move their holdings to centralized exchanges for potential liquidation. In the cryptocurrency market, large-scale inflows to exchanges are typically viewed as a precursor to increased selling pressure and heightened supply. Market participants are now closely monitoring the XRP/USD pair for potential volatility as exchange-side liquidity rises significantly. This movement highlights a shift toward a more cautious stance among major holders amid broader macroeconomic and geopolitical instability.
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