XRP Whale Transfer Binance Sparks $63M Sell-Off, Price Falls Below $2.60

NEW YORK, October 14, 2025 – A sudden XRP whale transfer to Binance sent a tremor through the market on Tuesday. Roughly $63 million in XRP arrived on the exchange and, within minutes, prices slipped under $2.60. The move added stress to an already fragile session as traders reacted to tariff chatter from the Trump administration and weaker risk appetite across crypto.

Whale Activity and the Pullback

On-chain data from Whale Alert showed a single transfer of 23.9 million XRP worth about $63 million. The inflow was followed by quick selling, likely from bots and short-term traders. A few desks said the reaction looked “automated,” not panic-driven, but it was enough to tip the market lower.

As noted by CoinTelegraph’s market coverage, such whale-size inflows often coincide with short-term liquidity shocks. For most short-term players, the XRP whale transfer Binance event was another reminder that large transfers can rapidly flip sentiment when liquidity starts to thin.

Buyers Step In Around $2.55

Even as prices fell, bids re-appeared near $2.55, preventing deeper losses. Exchange statistics showed trading volume jumping past 244 million XRP by 13:00 UTC — roughly three times the hourly average.

Analysts now treat the $2.55–$2.56 area as the nearest support, while $2.65–$2.66 continues to block rallies. According to Lina Chen at Matrix Markets, “Whales keep taking profits near $2.66. A close back above $2.60 after this XRP whale transfer Binance wave could mark a short-term recovery.”

Market Picture and Trend

From October 13 to 14, XRP traded between $2.54 and $2.66, a narrow four-percent band. Prices touched $2.66 before fading toward $2.55 by the end of the day.

The coin remains below its 200-day moving average of $2.63. A finish above $2.60 might open the door to $2.70. For now, staying under that level leaves momentum muted and sellers still in charge.

Leverage and Whale Tracking

Open interest stands near $1.36 billion, suggesting leverage remains heavy. Derivatives desks are monitoring further XRP whale transfer Binance inflows that could spark forced unwinds, as market participants continue tracking exchange positioning across major crypto platforms on Financyze.

At the same time, spot traders pointed out that recent sell bursts were quietly absorbed, hinting that larger institutions may still be accumulating on the way down.

Recap

• Whether $2.55 support holds through Asian trading hours
• Reaction to any retest of $2.65–$2.66 resistance
• Additional whale inflows or withdrawals on Binance
• Open-interest changes that may reveal leveraged position cuts