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XRP withdrawals surge on major exchanges as US spot XRP ETFs hit 1.41% of supply

Market News
19 Jun 2026
Blockonomi
View Source
Neutral
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XRP withdrawal activity has increased notably across major exchanges Coinbase, Binance, and Bybit, with net transaction readings showing a strong shift toward withdrawals in mid-June. Coinbase and Binance posted deeply negative net deposit/withdrawal figures, indicating more tokens are moving out of centralized exchanges than before. Bybit reversed a large early-June deposit surge, further confirming this trend. Meanwhile, US spot XRP ETFs continue to attract institutional demand, now holding over 1.4% of XRP's circulating supply, signaling growing investor interest despite exchange-level outflows.

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