XRP Exchange Outflows Spike Above 320M Tokens Across Major Platforms
Image: CryptoPotatoCryptoQuant data shows daily XRP outflows of 1 million tokens or more spiked past 320 million across major exchanges including Binance, Coinbase, Upbit, Bybit and Bitget. Binance XRP reserves fell 57 million tokens between September 27 and 30, dropping from a recent high of 2.70 billion to 2.647 billion. Binance XRP open interest fell 15.3% to $521.5 million by September 29, with long liquidations averaging $3.72 million daily that week. XRP traded near $1.50 at reporting time, up 1% in 24 hours and 16% over 14 days.
Key points
- Daily XRP outflows of 1 million tokens or more spiked past 320 million across major exchanges.
- Binance XRP reserves fell 57 million tokens between September 27 and 30, dropping from 2.70 billion to 2.647 billion.
- Binance XRP open interest fell 15.3% to $521.5 million by September 29, with long liquidations averaging $3.72 million daily that week.
Why it matters
Large XRP outflows reduce exchange supply, which could ease spot selling pressure. Sustained ETF inflows and lower leverage offer additional context for current trader positioning.
Price context · XRP
At publication
$1.54
Now
$1.55
Change since
+0.65%
7 days · dashed line = publication
Sources · 2 publishers
CoinCentral
Tier 3
XRP Outflows Hit 320M as Binance Reserves Suddenly Drop
Coverage timeline
- First reported by CryptoPotato
- Confirmed by CoinCentral
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
NEAR
−4.1%
