Binance records 530M XRP single-day outflow; whales dominate exchange withdrawals

Binance leads whale outflows in XRP. Large holders pull coins off exchanges as the market stabilizes.

CryptoQuant’s multi-exchange data shows withdrawals over 1M XRP now dominate flows. Binance is the main venue for these moves, shaping near-term liquidity conditions source.

Key prints:
- Feb 6: 530M XRP left Binance in one day, the cycle’s peak outflow source.
- Since mid-March: Binance averages near 50M XRP in daily outflows source.
- Coinbase saw notable withdrawals in early March, pointing to broader large-holder activity across venues source.

A transfer-size breakdown on Binance confirms who drives the tape. Outflows above 1M XRP lead by share, 100k–1M XRP ranks second, and sub-10k XRP is negligible source.

Net effect: a whale-dominated market structure with liquidity shifting off exchanges and supply conditions set by large transfers source.

Headline: Binance dominates XRP whale outflows: 530M on Feb 6, ~50M daily since mid‑March