Markets· ★★★· bullish·

Large XRP Transfers Dominate Binance and Coinbase Outflows

  • —Share of transfers above 1M XRP in Binance outflows rose from ~45% on Aug. 13 to 60.8% on Sept. 30
  • —On Coinbase, the large-transfer share climbed from ~37% on Aug. 27 to 48.7% on Sept. 30
  • —The 100K–1M XRP band on Coinbase fell from 67% on Sept. 19 to 37% by month-end
  • —On Oct. 1, large holders withdrew roughly 301 million XRP from Binance, Coinbase, Bybit and Bitget combined
Why it matters: The rising share of large withdrawals points to whale activity, potentially signaling accumulation off exchanges and reduced sell pressure.
#XRP
Source: The Crypto Basic
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