XRP Faces $650 Million Selling Pressure as Geopolitical Tensions Escalate
XRP investors moved over $650 million worth of tokens to Binance amid escalating Middle East geopolitical tensions, signaling potential short-term selling pressure.Summary
XRP holders are adopting a defensive stance due to intensifying geopolitical tensions involving the US, Israel, and Iran, which has caused a sell-off across crypto markets. On-chain data revealed that over $650 million (approximately 472 million XRP) flowed into Binance over the past week, marking the largest inflow period for February. Analyst Darkfost suggests such large exchange inflows often indicate investors are positioning liquidity closer to the market, raising the risk of short-term selling pressure, although these transfers could also be for repositioning or arbitrage. This movement contrasts with a broader trend of declining exchange reserves since October 2025, causing a modest reversal in Binance's XRP reserves. At the time of reporting, XRP was trading at $1.37, down over 4% in 24 hours, as capital rotated toward safe havens like gold.
(Source：BeInCrypto)