XRP Drama: Whales Whisper Reversals as Binance Sparks Hope

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XRP, that stubborn guest at the village feast, slid again, tiptoeing down to a shy 2.06 dollars on Thursday while the whole bazaar of crypto groaned under a chorus of selling-like a clerk with a heavy ledger, sighing over every line. 😅💼

The grand 2026 carnival of digital coin has cooled its engines, as if the brass band lost its breath. In the last 24 hours, the ledger of doom tossed up liquidations to over 479 million dollars, with longs stealing the larger slice-434 million-as if borrowers and buyers were in a perpetual tug-of-war at the uyezd fair. 📉

At this moment, XRP trod 6.43% lower in 24 hours to $2.08, entering its third dreary day of descent since January 5, 2026, like a sedan chair that refuses to climb the stairs. 🪪

Earlier in the year, XRP strutted for five days in a row, a promenade so vigorous that CNBC dubbed it the “new crypto darling” as if a provincial hero had joined the city theatre troupe. 💃🏛️

A sharp gust on Jan. 5 moved XRP from $2.08 to $2.36 within a single candle, and the following day it climbed to $2.41-high last seen in the melancholy of November. Yet the bulls, poor fellows, could not keep the chorus in tune, and the melody faded after the peak. 🎭🔔

Binance data sparks reversal hopes

According to the oracle of on-chain wisdom, CryptoQuant, the flows of whale XRP have dwindled, as if a procession of grandmasters decided to retire to the back room, hints of selling pressure thinning out. 🤏🐋

Whale XRP Flows to Binance Decline, Signaling Reduced Selling Pressure

“Decline in whale flows since mid-December, although still at relatively high levels, is a positive sign in the medium term, as it reduces the likelihood of a sudden sell-off.” – By @ArabxChain

– CryptoQuant.com (@cryptoquant_com) January 8, 2026

A CryptoQuant analysis whispers that whales account for nearly 60.3% of total XRP flows to Binance, while retail folks hold 39.7%. A dry statistic, you say, but in our market theater it is the ale that the players sip before the next act. 🧪📈

Whales still wear the crown as king of flows, yet the trend since mid-December shows a retreat from their peak of over 70% in November and early December, a gentle bow rather than a savage sword. 👑🗡️

In the coins-and-flows playbook, a surge of whale flows to exchanges is often the signal for selling-like a chorus of merchants lining up for a yard sale. A decline, conversely, hints that Major Players have cooled their quills and slowed the stampede. 🧾🏷️

The dawn of the year saw XRP leap over the daily MA 50 at $2.01, that stern gatekeeper which had kept the price penned since early October; now eyes turn to whether this formerly stoic barrier can become a sturdy floor, allowing the ascent to continue. Will the gate swing inward, or remain a mere flourish in the drama? Only the next candle can tell. 🔍📉

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2026-01-08 20:22