XRP Price Moves Between $2.06–$2.14 as Whale Traders Handle $322M on Binance

A detailed look into XRP day trading on Binance reveals a striking pattern: small automated trades dominate the volume count, while whales control the liquidity. Vincent Van Code, a known crypto data analyst, shared an in-depth breakdown of daily XRP/USDT trades on Binance, shedding light on the real mechanics behind XRP’s market action. His study features two core graphics—trade size distribution and volume-by-price histogram—unveiling bot patterns, trading clusters, and key price levels. The data presents a nuanced view of XRP trading behavior that goes far beyond the standard exchange UI.

Small Trade Dominance Suggests High XRP Bot Activity

According to Van Code, most trades fall into the “small” category of 1–10 XRP, totaling 1.68 million individual transactions and accounting for 5.34 million XRP traded. That’s over $11.17 million in notional value. In comparison, tiny, medium, and large trades appeared less frequently but contributed significantly more to total volume. Whale trades—defined as transactions above 1,000 XRP—represented the largest liquidity block. A total of 154.33 million XRP changed hands in this category across 65,585 trades, resulting in a staggering $322.67 million in value.

Van Code noted, “The majority of the trade volumes are small trade, indicating substantial bot activity.” This confirms a long-standing suspicion that automated trading systems are the primary force behind Binance’s XRP market. The frequency of these micro-trades gives the illusion of a highly active market, when in reality, a few large players still dominate the volume game.

XRP Volume Analysis Reveals Price Clusters Between $2.06 and $2.14

The second part of Van Code’s analysis highlights where trading volume clusters in terms of price points. The volume histogram showed high activity around $2.06, $2.10, and $2.14, marking these as likely zones of support and resistance.

Interestingly, trading dropped off significantly outside these levels. “Below 2.04 there is little trading, and above 2.14 not much,” Van Code stated. He described price action outside this range as “noise generated by bots and manipulation,” reinforcing the idea that true market interest exists only in a narrow band. These levels—$2.06, $2.10, and $2.14—can now serve as technical markers for day traders and swing traders watching for breakout or rejection points. The clarity of this histogram provides an edge that typical candlestick charts or order books often miss.

Community Reaction and Push for Market Transparency

The crypto community has responded positively to Van Code’s transparency. Notably, user Jim Beeston commented, “My take on this: trading on Binance is heavily influenced by bots, with small trades dominating the volume.” Beeston didn’t seem fazed by the algorithmic nature of the market. “This doesn’t bother me. I shall continue to accumulate,” he added, reflecting the sentiment of XRP holders who view long-term gains as independent from intraday volatility. Van Code pledged to continue this analysis during weekdays and emphasized his focus on factual reporting over social media arguments. He aims to provide clearer visibility into how algorithmic systems and large traders shape XRP’s behavior on Binance.

Conclusion: Bot Activity and Whale Moves Define XRP Market Structure

This XRP day trading on Binance analysis provides a unique look into how bot-driven activity shapes volume and how whales quietly move hundreds of millions. As XRP trades between $2.06 and $2.14, these new insights give traders a technical and behavioral edge. With Van Code promising more data soon, Binance XRP traders now have a powerful lens to decode what’s happening behind every candle.

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