Binance XRP transactions plunge 90%, liquidity thins, support weakens below key averages

XRP holds above $1.30 again. Binance flows have collapsed to multi‑year lows.

An Arab Chain read of Binance shows activity near zero. Over 30 days, deposits were ~310,500 and withdrawals ~329,400. Net count: −18,900. Source: CryptoQuant quicktake.

At peaks in 2025, the 30‑day total topped 6 million. Now both directions sum to ~640,000. That is a 90% drop in processing activity on Binance for XRP. Same source: CryptoQuant.

Withdrawals keep beating deposits. Quietly. Consistently. The report says this may indicate accumulation. It is not a confirmation. It is a recurring pattern in low‑volume regimes. See report.

Whales also moved coins off exchanges. NewsBTC tracked ~$592M shifted in two days. Details in NewsBTC’s report.

Price action stays fragile. The 3‑day chart shows $1.31 near. The 50, 100, and 200 MAs slope down. Structure is weak across timeframes.

February broke $2.00 with volume. Price then ranged between $1.20 and $1.50. Bounces failed below the 50‑period MA. Volume faded into the range.

Key levels for the range:
- Support near $1.20
- Mid to upper band near $1.50

Until the 100‑period MA is reclaimed, moves up look corrective on this view.