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Binance sees 403M XRP withdrawn in two weeks, signaling major holders' shift amid price recovery.

Technical Signals
17 May 2026
Blockonomi
View Source
Neutral
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Between May 3 and May 15, Binance recorded near-daily XRP outflows exceeding 1 million XRP per transaction, totaling about 403 million XRP. This consistent withdrawal pattern suggests large holders or institutions are moving coins off the exchange, likely reducing short-term selling pressure and indicating long-term custody or accumulation. Earlier, similar large withdrawals occurred on Coinbase when XRP traded near $1.34, but the current Binance activity is more sustained and significant due to Binance's large market share. This trend may impact XRP's supply dynamics and price movement going forward.

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