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XRP Binance Deposits Exceed $900M During Sharp Weekly Decline

A surge in large XRP transfers to Binance coincided with the token falling below $1.10 and posting double-digit weekly losses.

A surge in large XRP transfers to Binance coincided with the token falling below $1.10 and posting double-digit weekly losses. XRP (XRP) is trading at $1.09, down 0.5% since this brief published. This is an original TLT brief based on reporting by Blockonomi, with live market data added, as of Mon, 09 Nov 2026 09:45:02 UTC.

Why it matters

The size of the exchange deposits indicates heightened activity by large holders during a sell-off, potentially increasing the amount of XRP available on Binance order books. The move also came as XRP remained below a technical level highlighted by market analysts.

Key takeaways
  • About 691 million XRP reportedly moved into Binance in one day
  • Estimated whale deposits exceeded $900 million
  • Daily XRP inflows averaged more than $100 million over 90 days
  • XRP stands at $1.097, down 12.30% over seven days
The story so far · 4 briefs
  1. XRP Large-Balance Account Count Rose During 64% Price Decline
  2. Alpenglow’s Faster Solana Finality Comes During SOL’s Weekly Decline
  3. Stellar’s Expanding Network Meets a Sharp Weekly XLM Decline
  4. XRP Binance Deposits Exceed $900M During Sharp Weekly Decline — this brief

Blockonomi reported that whale activity generated approximately $900 million in XRP deposits to Binance, with about 691 million tokens moving to the exchange over one day. The transfers occurred as the asset weakened, increasing the amount of XRP potentially available for trading on one of the largest centralized venues. Blockonomi also cited a 90-day average of daily XRP inflows above $100 million, described as the highest level in nearly six months. The report did not establish that the incoming tokens were sold, so the deposits indicate heightened exchange activity rather than a confirmed liquidation.

Trading analyst CasiTrades identified $1.10 as a significant Fibonacci retracement level for XRP. The token was reported at $1.08 when Blockonomi compiled its coverage, with a 6.91% decline over 24 hours and a 12.97% drop across seven days, putting it below the highlighted level.

Live data places XRP at $1.097, down 5.33% over 24 hours and 12.30% over seven days, with a market capitalization of $69.68 billion. The smaller live 24-hour decline and slightly higher quoted price reflect a different measurement window from Blockonomi’s figures.

The broader crypto market was broadly lower, with total capitalization at $2.56 trillion and Bitcoin down 1.62% over 24 hours. The Fear & Greed index stood at 29, within the Fear range, as sustained Binance inflows and trading around $1.10 form the immediate points to monitor.

Market reaction since this brief Live

Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.10 to $1.09 — -0.46%.

$1.09$1.09$1.09$1.10$1.10 published · $1.10 now · $1.09 (-0.46%) Nov 9 08:26 UTC Nov 9 09:45 UTC
BeforeSince publishPublished · $1.10

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,506.41 (about $1.09), down 6.0% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#6
$1.09 ▼ 6.04%
-0.46% since this brief published
7d -12.30%MCap $69.39BFull XRP data →
The market when this published · November 9, 2026
Total market cap$2.56T
Bitcoin 24h-1.62%
Ethereum 24h-4.99%
BTC dominance58.6%
Fear & Greed29 · Fear

XRP Binance Deposits Exceed $900M During Sharp Weekly Declin — questions & answers

How much XRP reportedly entered Binance?

Blockonomi reported approximately 691 million XRP, valued at around $900 million, entered Binance in one day.

How much have XRP inflows averaged?

The reported 90-day average exceeded $100 million per day, the highest level in nearly six months.

Which XRP price level is being watched?

CasiTrades identified $1.10 as a key Fibonacci retracement level. Live XRP was quoted at $1.097.

How much is 1 XRP worth in naira today?

About ₦1,506.41 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.09. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.

Has XRP's price moved since this brief was published?

XRP is down 0.46% since this brief first published — trading at $1.09 now versus $1.10 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBinance Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 9, 2026 ⛓ Timestamped at Bitcoin block #975,153 sha256:05c3e7903abd0de3
Based on reporting by Blockonomi — this is an original TLT summary with live market data, not the original article.Blockonomi · Nov 9 08:26 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.