XRP Withdrawal Transactions Hit 53.8% on Binance, Highest Since June 2024

XRP-2.14%
According to Cryptoquant analysis, XRP withdrawal transactions on Binance reached 53.8% of total activity over seven consecutive days starting June 17, the highest level since June 2024. Deposit activity declined to 46.1%, creating a 7.7 percentage point divergence. The metric tracks transaction counts rather than volume or capital flows, indicating a shift in exchange-use behavior, though additional data is needed to confirm net outflows.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments