Crypto analyst and investor Xaif reported a significant XRP transaction involving the world’s largest cryptocurrency exchange, Binance.
According to data from XRPSCAN, a total of 59,022,680 XRP, valued at approximately $177.8 million, was transferred on September 11, 2025. The transfer was executed at 03:43 UTC, recorded under ledger 98,771,198, with the funds moving between Binance-associated accounts.
The transaction was marked as successful and involved a delivery of the full 59,022,680 XRP. The associated fee for the transfer was minimal, set at just 0.003 XRP. XRPSCAN data confirms that the movement was entirely processed within the XRP Ledger, highlighting the network’s efficiency in handling large-scale transactions.
Xaif described the movement as a “monster XRP transfer” and tied it directly to growing liquidity demand in the market. His post emphasized the importance of such sizable transfers, suggesting that institutional and exchange-driven flows continue to shape XRP’s trading environment.
💥💥BREAKING:
A monster XRP transfer just landed: 59,022,680 $XRP worth ($177.8M) moved by Binance!
LIQUIDITY DEMAND SURGING 💥🫡 pic.twitter.com/yF3274HBVd
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) September 11, 2025
Market Reactions and Community Commentary
The transaction quickly drew attention across social media platforms. X user Just Jerryl reacted by noting that such movements could be indicative of short-term trading momentum. He wrote, “Huge XRP move! Liquidity spike = potential pump for XRP, let’s see if it continues! #crypto.”
Another user, Kunio Sakai, highlighted Binance’s central role in handling XRP flows. He commented, “Wow! Binance making moves again with the XRP! What do you think this means for the future liquidity demand?” These remarks reflect ongoing community interest in whether major exchange transactions correlate with price shifts and deeper market liquidity.
Binance’s Expanding XRP Holdings
This latest transfer follows a series of revelations about Binance’s growing position in XRP. Earlier this month, Xaif reported that Binance had overtaken Uphold to become the single largest holder of XRP. Based on his analysis, Binance now controls more than 2 billion XRP in custody, valued at roughly $5.1 billion.
This places the exchange in a unique position of influence over XRP’s market liquidity. Large custodial holdings by a single exchange can increase efficiency in settlement and on-exchange availability. However, they also mean that Binance’s activity is closely watched by analysts and traders who consider such movements as potential indicators of institutional demand.
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XRP’s Surging Liquidity Demand
Xaif’s latest report ties the transaction directly to surging liquidity demand, which he suggests may be driving higher activity levels in XRP markets. While no direct price impact has yet been confirmed, movements of this scale are often interpreted as signs of underlying institutional activity.
Binance’s continued accumulation and transfer of XRP further reinforces the exchange’s pivotal role in shaping short and medium-term liquidity dynamics for the asset.
As the broader digital asset market remains highly active, analysts and traders will be closely monitoring Binance’s XRP movements. With the exchange now controlling billions in custody, further large-scale transfers may signal ongoing adjustments to liquidity strategies in anticipation of increased market demand.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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