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XRP deposits on Binance hit highest share since Oct 2024, surpassing withdrawals by 19.1 points.

Market News
09 Nov 2026, 18:09 WIB
Tokenpost
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Neutral
XRP deposits on Binance hit highest share since Oct 2024, surpassing withdrawals by 19.1 points.

XRP deposits on Binance accounted for 59.5% of transactions over seven days ending Nov. 8, marking the highest deposit share since October 2024 and reversing the previous trend where withdrawals led. Withdrawals made up 40.4% of transactions, leaving deposits ahead by 19.1 percentage points. This shift occurred amid Binance's gradual restoration of withdrawal services starting Nov. 5. However, the data counts transaction numbers, not token amounts, so it doesn't confirm net XRP inflows or sales. Across all tracked exchanges, withdrawals still slightly outnumber deposits, but Binance's deposit share notably exceeds the broader market. XRP traded at $1.11 on Binance on Nov. 9, down 4.71% in the prior 24 hours, with no direct link established between price and transaction share changes.

As of Nov 09, 2026 23:21 WIB, XRP trades on Pluang at Rp20.060 with a 1-day change of -3.90%. Despite the high deposit share on Binance, XRP's market cap on Pluang stands at Rp1.268,28 trillion with a 24-hour trading volume of Rp58,71 trillion. Pluang users show a buying interest with 62% buy orders and a typical hold time of 73 days, highlighting steady investor engagement.

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