XRP Exchange Wallets Record 5.3 Billion XRP in 30-Day Outflows

Tracked cryptocurrency exchange wallets recorded about 5.3 billion XRP in outflows over a 30-day period, a large transfer total that does not by itself show whether exchange holdings fell.

Binance accounted for about 2.206 billion XRP in outflows, followed by OKX at 501.51 million, Bybit at 479.94 million, Upbit at 392.90 million and Bitget at 243.39 million. The figures count transfers out of exchange wallets; they do not establish whether holders sold XRP, moved it into self-custody or transferred it to another custodian.

Internal wallet movements can also register as outflows. The total therefore does not establish how much XRP exchanges held after deposits and withdrawals.

A separate 30-day reading counted 6.05 billion XRP in inflows to exchange wallets, a seven-month high detailed in an earlier report on exchange deposits. The outflow and inflow readings cover different periods, so they cannot be subtracted to determine net flows or a change in exchange balances.