Binance’s XRP Reserves Surge Amid Whale Accumulation and Market Paradox

XRP is experiencing a paradoxical market dynamic as Bitcoin surpasses $111,000, with whale wallets accumulating significant holdings. Binance’s XRP reserves have surged sharply, highlighting a tension between institutional confidence and exchange liquidity pressures. This divergence marks a critical inflection point for Ripple’s cryptocurrency.

XRP Reserves Surge on Exchanges Amid Whale Accumulation

XRP faces a paradoxical market dynamic as bitcoin breaches $111,000. Whale wallets holding 10-100 million tokens now control 12.1% of supply, signaling institutional confidence.

Binance’s XRP reserves have spiked sharply, creating tension between accumulation trends and exchange liquidity pressures. The divergence presents a critical inflection point for Ripple’s cryptocurrency.

Binance’s Changpeng Zhao Denies WSJ Allegations of Facilitating Pakistan Talks

Binance co-founder Changpeng Zhao has vehemently rejected claims by the Wall Street Journal that he arranged meetings between Trump-linked World Liberty Financial and Pakistani officials. The WSJ article alleged Zhao Leveraged his network to connect WLF with government representatives in Pakistan, Malaysia, and Kyrgyzstan—a characterization Zhao dismisses as a "hit piece" invoking Cunningham’s Law about misinformation propagation.

The crypto executive’s rebuttal comes amid heightened scrutiny of industry leaders’ geopolitical ties. While no digital assets were directly implicated in the report, the controversy underscores the increasingly complex intersection between cryptocurrency platforms and international relations.