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XRP wallets spike nearly 8,000 in a day after $6B Binance hack, signaling shift to self-custody despite price pressure.

Technical Signals
03 Nov 2026, 03:10 WIB
Bitcoin
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Neutral
XRP wallets spike nearly 8,000 in a day after $6B Binance hack, signaling shift to self-custody despite price pressure.

On November 1, nearly 7,934 new XRP wallets were created, marking one of the highest daily totals in 2026, following the $6 billion Binance hack. This surge suggests many users may be moving toward self-custody of their crypto assets, as Binance confirmed it had covered most stolen funds and resumed partial withdrawals. Analysts say sustained wallet growth above 4,000 daily and XRP reclaiming $1.30 could signal stronger price momentum. Meanwhile, the stolen XRP was moved to new wallets days after the hack, keeping market watchers alert.

Following the surge in XRP wallet creations after the Binance hack, XRP trades at Rp22.706 on Pluang as of Nov 03, 2026 08:22 WIB, down 0.32% in one day. In contrast, Binance Coin (BNB) is priced much higher at Rp12.666.387 but fell 1.86% over the same period. XRP's market cap stands at Rp1.435,56T, slightly below BNB's Rp1.668,91T, showing a closer valuation despite the large price gap between the two tokens.

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