XRP Faces $650M Selling Pressure as Geopolitical Tensions Rise

On-chain data shows 472 million XRP, worth about $652 million, moved to Binance over the past week as holders adopt a defensive stance amid rising tensions between the United States, Israel and Iran. The sharp rise in exchange inflows suggests investors are positioning for greater volatility, which raises the risk of short-term downside if uncertainty persists.

A joint strike by Israel and the United States on Iran triggered a swift sell-off across crypto markets after traditional financial markets closed, amplifying uncertainty. Tensions intensified further over the weekend following reports that Iran’s Supreme Leader had been killed, and retaliatory attacks targeting Israel and several Gulf Arab countries prompted concerns of wider regional instability.

On-chain analyst Darkfost noted the transfers—more than 472 million XRP valued at roughly $650 million—were the largest inflow period of February.

United States, Israel, Iran, Gulf Arab

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