500 million XRP leave Binance in less than a year

The reserves of XRP on Binance have significantly decreased, with an average monthly deposit dropping from 3.1 billion to 2.6 billion since November 2025. This indicates that approximately 500 million XRP have exited the platform in less than a year, bringing balances to levels not seen since February 2024. This reduction coincides with a 63% drop in the price of XRP, which fell from $3.66 to around $1.35. However, XRP experienced a recovery of nearly 40% in the last month. Darkfost from CryptoQuant suggests that this outflow is due to long-term accumulation by investors who prefer self-custody wallets, as well as demand generated by the launch of spot XRP ETFs between November and December 2025. Internal transfers within the exchange are also mentioned as a minor factor. Darkfost concludes that these levels indicate accumulation in the market, although it clarifies that they may not necessarily impact the price in the short term.

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