ChatGPT has issued long-term price targets for Bitcoin and XRP following the $6.3 billion Binance hack, while on-chain data shows the hacker has begun moving the stolen XRP. The AI model's base case sees Bitcoin ending 2027 near $100,000 and XRP finishing around $1.65, implying gains of roughly 28.2% and 32% from reference prices of $78,000 and $1.25.
The Binance breach, described as the largest crypto theft ever, initially triggered fears around customer withdrawals, thinner liquidity, leveraged liquidations and institutional custody concerns. ChatGPT argued the incident is more likely to be a temporary confidence shock than a permanent drag on valuations, provided Binance continues covering losses and processing normal withdrawals. It noted that moving Bitcoin off Binance does not mean selling Bitcoin, and compared the event with Binance's 2019 hack, Bybit's 2025 breach and the FTX collapse.
On November 2, the Binance hacker split 233.46 million stolen XRP across six new wallets between 03:47 and 04:00 UTC, sending five chunks of 40 million XRP and one of 33.45 million XRP after a 1,000 XRP test transaction. At about $1.25 per token, the stash is worth roughly $291 million, equal to about 28% of XRP's 24-hour trading volume. None of the coins had reached an exchange by 10:26 UTC. Because native XRP cannot be frozen, the likely next checkpoint is the exchange where the coins eventually land.
ETF flows moved in the opposite direction. US spot XRP ETFs took in $4.33 million over October 26 to 30, while Bitcoin, Ethereum and Solana funds lost $706 million combined. Franklin Templeton's XRPZ led with $5.57 million in inflows, Canary's XRPC added $922,000, while Bitwise's XRP and Grayscale's GXRP saw outflows. The funds hold $1.42 billion in XRP, about 1.79% of its market value, compared with $1.81 billion in cumulative inflows.
Ripple also completed its November escrow release. The ledger shows 1 billion XRP unlocked at 00:00 UTC Sunday, with 700 million locked back into new escrows until 2029 and 300 million moved to Ripple's main wallet. The same 300 million XRP amount was received in September and October.
ChatGPT's scenario analysis assigns Bitcoin a 50% probability of trading between $60,000 and $115,000 during 2027 before finishing around $100,000. The bear case carries a 30% probability and a $55,000 target, while the bull case has a 20% probability and puts Bitcoin at $145,000 by December 31, 2027, with a potential high of $160,000. For XRP, the base case has a 45% probability of a range between $0.85 and $2.10, ending near $1.65. The bear case is 35% with a $0.70 target, and the bull case is 20% with a $3.00 finish and a possible range high of $3.50.
ChatGPT cautioned that Ripple's institutional expansion does not automatically create direct XRP demand. The final OCC approval for Ripple National Trust Bank and growth around RLUSD may benefit Ripple's wider business, but stronger evidence of institutions holding XRP for liquidity, deeper trading markets and sustained investment-product inflows would be needed for the bull case. Overall, the AI model said the Binance hack changes near-term risk more than long-term forecasts, assuming Binance remains solvent and withdrawals stay normal.
XRP price action remains fragile. It traded at $1.2487 on Binance, down 0.8% on the day, with support at $1.2423 and the post-hack low at $1.2002. Resistance sits at $1.2739, followed by the 50-day EMA at $1.3399 and the 200-day EMA at $1.3648. If any of the hacker's six wallets begins sending coins to an exchange, analysts said the $1.2002 level is likely to be tested quickly.
