On November 4, Binance recorded an outflow of 418.5 million XRP tokens, the largest single-day withdrawal in about nine months, valued at approximately $540 million. This outflow surpassed a previous large withdrawal of 315 million XRP on October 29. Large withdrawals from exchanges like this are often interpreted as investors moving tokens to private wallets, potentially signaling accumulation and reducing tokens available for sale. However, this movement alone does not confirm buying activity or guarantee price increases, and some withdrawals may be internal transfers within the exchange. The event coincided with XRP's price recovering above $1.30 after a 27% drop since late September.
XRP's market cap on Pluang stands at Rp1.365,15 trillion as of November 7, 2026, with a 24-hour trading volume of Rp50,72 trillion. Despite the large outflow reported by Binance, XRP's price on Pluang is down 4.59% at Rp21.433, and the platform shows a buy order activity of 68%, indicating continued investor interest. The typical hold time for XRP on Pluang is 73 days, reflecting a moderate-term investment horizon among users.
The XRP Ledger's native lending system proposal has reached 60% validator approval, with 21 out of 35 validators supporting it. This upgrade, known as XLS-66, would enable fixed-term loans on-chain using pooled digital assets, expanding XRPL's use be...
XRP is experiencing a sharp increase in short positions, rising over 650%, as its price falls below key support levels toward $1. Despite this bearish momentum, on-chain data shows significant whale accumulation and a reduction in XRP supply on excha...
Binance's XRP reserves increased by about 280 million tokens within 48 hours, rebounding after a $6.34 billion security breach on October 29. The exchange's holdings rose from 2.35 billion to 2.63 billion XRP, reflecting efforts to replenish stolen a...
Ripple CEO Brad Garlinghouse called on the incoming U.S. Congress, which Democrats now control, to establish clear federal regulations for digital assets. Despite a stalled measure in the Senate due to Democratic opposition, Garlinghouse highlighted ...
XRP fell about 10% on November 6, hitting an 11-week low near $1.18 after a failed rebound attempt to $1.35 collapsed amid a broader cryptocurrency selloff. This drop reflects weakening investor sentiment, with XRP losing key support levels and its m...
