Markets· ★★★· bearish·

Small XRP Withdrawals From Binance Hit 19.7% Share, Highest Since October 2024

  • —Binance withdrawals under 10,000 XRP rose from 3% to 19.7% in three weeks
  • —The share of outflows above 1 million XRP fell from 60% to 38.6%
  • —Binance, Upbit and Bithumb reserves rose by 120 million XRP to 10.95 billion
  • —On Coinbase, the share of outflows above 1 million XRP fell from 43% to 12.5%
Why it matters: Rising small withdrawals and exchange reserves may signal that large XRP holders are pulling back.
Source: CryptoPotato