XRP investors tended to take more cautious positions as tensions between the USA, Israel and Iran escalated. On-chain data showed that over $650 million worth of XRP was transferred to the Binance exchange in the last week. This rapid increase pointed to the possibility of downward pressure on prices in the short term as uncertainty in the market escalated.
Geopolitical developments affected the crypto market
There was a significant selling wave in the crypto market after the joint attack on Iran by the USA and Israel last Saturday. On-chain data analyst Darkfost stated that the attacks that started immediately after the closure of traditional financial markets generally caused uncertainty in risky assets, and crypto assets reacted instantly to this shock.
XRP transfers and change in exchange reserves
Darkfost stated that the amount of XRP transferred to Binance last week exceeded 472 million and reached the level of 650 million dollars. According to the analyst’s statement, this period stood out as the highest inflow volume of February.
Investors transferring large amounts of crypto assets to exchanges is often interpreted as potential selling pressure. However, it was also stated that such transfers may not mean immediate sales and may be the result of liquidity management, arbitrage or cautious moves. Still, this increase caused concern among market players.
“Such inflows to exchanges generally reflect a more defensive position by XRP investors. Large token inflows may indicate a desire to provide or sell liquidity close to the market. Transfers of this size may increase the risk of price fluctuations in the short term.” statements were included.
Following the transfers, an increase was recorded in the XRP reserves held by Binance. KriptoQuant data shows that, in general, there has been a downward trend in XRP exchange reserves since October 2025; Thanks to the latest entry, it showed that there was a limited recovery in this trend in the short term.
In parallel with these developments, XRP lost value along with the total market. There has been a decrease of over 4 percent in the price of XRP in the last 24 hours and it was traded at $ 1.37 at the time of writing.
The main topic of curiosity in the market is whether the large-scale transfer is an indicator of a permanent sales wave or a temporary crisis reaction. So far, the increase in exchange reserves and voluminous transfers have led to a resurgence of volatility in the crypto market.
