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$650M XRP Selling pressure builds as U.S.–Iran tensions rise
This week, the crypto market was marked by rising geopolitical tensions between the United States, Israel, and Iran. The situation escalated further over the weekend, when the first strikes were launched shortly after the close of traditional financial markets. This timing amplified uncertainty across risk assets, with crypto reacting almost immediately to the geopolitical shock. This instability can notably be observed on XRP, where inflows to Binance have increased significantly. Over the past week alone, Binance has received more than 472 million XRP, representing roughly $652 million. This is the largest inflow period of the month of February. Such inflows typically reflect a more defensive posture from investors holding XRP. When large amounts of tokens move onto exchanges, it often signals a potential willingness to sell or at least to position liquidity closer to the market. When amount of flows like this are recorded, they can create the conditions for a sudden wave of selling pressure capable of impacting price action in the short term. This situation is therefore worth monitoring closely to determine whether it reflects the start of a broader distribution dynamic on XRP or simply short-term panic movements triggered by geopolitical uncertainty.