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Exchange Flows

104.7M XRP Leaves Binance and Upbit Reserves

Whale outflow dominance reached 84.2% as 104.7 million XRP left Binance and Upbit exchange reserves, according to CryptoQuant.

104.7M XRP Leaves Binance and Upbit Reserves
Image: BullishMarketCap

A total of 104.7 million XRP left exchange reserves across Binance and Upbit, according to data published by CryptoQuant. The data indicates that whale outflow dominance reached 84.2% during the tracked period.

Exchange Reserve Movements

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The outflow highlights significant movement away from centralized trading platforms by large holders. According to CryptoQuant, the dominance metric underscores that the majority of these large-scale withdrawals were driven by whale addresses moving assets into private storage or alternative venues.

Key facts

  • 104.7M XRP left Binance and Upbit reserves, according to CryptoQuant
  • 84.2% whale outflow dominance recorded during the movement
$XRPBinance#XRP#Binance#Upbit

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.