31 Million XRP Sent to Binance in One Day as XRPL Activity Drops — Whale Movements Draw Attention

On-chain analytics firm CryptoQuant flagged an unusual one-day transfer of more than 31,000,000 XRP to Binance, a move CoinDesk reported after reviewing the firm’s data; analytics indicate whale wallets accounted for the bulk of that inflow ^[1].

Separately, public XRPL activity metrics have dropped substantially in recent weeks, with measures such as active users, payment volume and sender accounts reported to have fallen between 50% and 80%, a decline highlighted by market watcher Arthur and summarized by CryptoPotato ^[2].

Commentators are placing the exchange inflow and the fall in public metrics in broader context: some market participants argue capital is rotating into assets including XRP and XLM as part of a larger thesis on monetary shifts, while other analysts emphasize XRP’s intended role for liquidity stress events rather than as a retail token, points raised in recent coverage ^[3][4].

The large Binance inflow and the simultaneous decline in visible XRPL activity have drawn attention from analysts and on-chain watchers; sources report the movements without attributing a single cause, leaving observers focused on whether the changes reflect whale repositioning, shifts to off‑dashboard activity, or broader capital rotation ^[1][2][3][4].