XRP Whales Pull Back? Small Binance Transfers Hit Highest Share Since October 2024

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Between September 30 and October 20, withdrawals below 10,000 XRP on Binance surged from 3% to 19.7% of total outflow value, a 6.6-fold increase and the highest level since October 2024. Meanwhile, transfers above 1 million XRP saw their share of Binance outflows drop from 60% to 38.6%. On Coinbase, the largest withdrawal category fell from 43% to 12.5%, a 70.9% relative decline. Three major exchanges added 120 million XRP to their combined reserves, bringing the total to 10.95 billion tokens. XRP has lost more than 5% over the past seven days, though some analysts remain bullish on the asset.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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