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23/05/26 03:38 UTC-04

XRP Outflows From Binance Rose to 53% Over the Past Week

Cryptocurrency Cryptocurrency
Cryptocurrency XRP Outflows From Binance Rose to 53% Over the Past Week
  • Daily outflows from Binance exceeding 1 million XRP now account for 57.6%.
  • Meanwhile, XRP outflows from Coinbase in the “over one million” category have fallen to 14.8%.

According to data from CryptoQuant, the share of XRP withdrawal transactions on Binance increased to 53% over the past seven days. At the same time, the share of deposit transactions declined to 47%.


Share of XRP withdrawal and deposit transactions on Binance. Data: CryptoQuant.

In addition, whale activity on Binance has increased sharply. Daily outflows exceeding 1 million XRP now represent 57.6% of the total volume of withdrawn altcoins. This is the highest level since 28 March 2026, when the figure reached 66%. Previous spikes in activity occurred when the asset traded within the $1.33–$1.42 range.

On their own, these figures do not confirm the continuation of a bullish trend. However, they indicate that large Binance wallets remain highly active despite the recent market slowdown.

From a market perspective, stronger withdrawal activity suggests that XRP is becoming less exposed to immediate sell pressure. This is often interpreted as a reduction in exchange-side selling pressure.

Interestingly, the situation for XRP on the US-based exchange Coinbase looks completely different. According to CryptoQuant, XRP outflows from Coinbase in the “over one million” category dropped to 14.8%, marking the lowest level since 11 April. Meanwhile, the number of mid-sized transactions ranging from 10,000 to 100,000 XRP increased from 19% to 36% between 11 April and 19 May. This suggests that smaller and medium-sized holders have become more active on Coinbase.

The price of XRP also remains unstable — over the past week, the cryptocurrency declined by 7.2% to $1.36, according to CoinMarketCap.

See also: "Three AI Models Predicted Zcash’s Chances of Entering the Top 10 Cryptocurrencies"

#XRP (XRP) #outflows #Binance

Editor: Alyona Nabok
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