On-chain data shows that XRP whales have been transferring a large amount of XRP to the Binance exchange recently, indicating a possible intention to sell. The "Whale to Exchange Transactions" metric tracks the number of transfers from whale entities to centralized exchange wallets. The high value of this metric suggests that large holders of XRP may be looking to sell their holdings. However, the whales have not yet sold their XRP, as the cryptocurrency has maintained its high price. It remains to be seen how long they will hold on to their profits, especially if XRP continues to experience sideways movement. XRP has been one of the best performing cryptocurrencies in the past week, with its price surging over 38%.



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