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XRP exchange flows shift as Bybit deposit surge ends and Binance, Coinbase see more withdrawals

Market News
20 May 2026
Blockonomi
View Source
Neutral
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XRP transaction activity on exchanges shows a notable shift: Bybit's month-long surge in XRP deposits ended around May 16, signaling reduced sell-side pressure. Meanwhile, Binance and Coinbase have moved into negative delta territory, meaning withdrawals now exceed deposits, which could tighten available supply and reduce near-term selling. This change marks a rotation in XRP flow behavior across major exchanges, removing a key source of selling pressure seen from mid-April to mid-May. Traders will watch if this neutral trend continues or reverses, as it impacts XRP's market dynamics but does not guarantee price moves.

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