XRP Whales Move 44 Million Tokens Off Binance On February 27 As Price Trades Near $1.37

On February 27, on-chain data highlighted a withdrawal of about 44 million XRP from whale wallets on Binance, following an earlier 30 million XRP outflow on February 6. The moves, flagged via the Multi Exchanges Daily Whales Netflow metric, point to sustained negative netflows, which can imply reduced selling pressure and potential accumulation. With XRP trading around $1.37 after a 2.9% daily decline, analysts note that persistent demand alongside falling exchange supply could support a bullish price trajectory.