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\n\t\t\t\t\t\t\t\t\tSome analysts note withdrawals can reflect conviction, as traders rarely shift assets off platforms during panic phases suddenly.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
XRP holders have moved approximately 200 million tokens off the Binance exchange over the past ten days, according to CryptoQuant contributor Darkfost.<\/p>\n
The move comes with the Ripple token trading 27% lower than a month ago, suggesting some investors see current prices as an accumulation opportunity rather than an exit point.<\/p>\n
Data tracked by Darkfost shows<\/a> a steady drop in XRP balances held on the world\u2019s largest cryptocurrency exchange by volume.\u00a0Per the on-chain observer, the XRP supply ratio on the platform fell from 0.027 to 0.025 over ten days, which translates to about 200 million tokens leaving Binance in the period.<\/p>\n Usually, when investors withdraw assets from exchanges, it reduces immediate selling pressure and points to longer-term holding strategies, as tokens moved to private custody are less accessible for quick trades.<\/p>\n \u201cThis dynamic therefore suggests that some investors consider current price levels to be attractive from an accumulation standpoint,\u201d Darkfost concluded.<\/p>\n<\/blockquote>\n While some movements could reflect internal exchange reallocations, Binance tends to publish its custody addresses, allowing analysts to distinguish between operational adjustments and organic user-driven withdrawals with reasonable accuracy.<\/p>\n The timing of these outflows coincides with a difficult period for XRP holders. The asset has corrected roughly 40% since the start of the year, with the decline pushing it down to a 15-month low near the $1.00 level earlier in the month.<\/p>\n At the time of writing, the Ripple token was trading at around $1.42, down 4.5% in the last 24 hours and 27% over the past month, based on data from CoinGecko. Over a year, XRP has fallen by more than 44% and currently sits 61% below its all-time high of $3.65 reached in July 2025.<\/p>\n Still, the token has risen about 3% in the last week, outperforming the broader crypto market\u2019s 1.4% gain in the same period. Daily trading volume has also climbed about 6% to just over $2.3 billion, a sign of increased activity even with prices slipping.<\/p>\n Despite the price pressure, XRP has continued to attract attention from investors and analysts, with Grayscale recently identifying<\/a> it as the second-most discussed asset in its community after Bitcoin (BTC).<\/p>\n The firm\u2019s head of product and research, Rayhaneh Sharif-Askary, said during Ripple Community Day that clients frequently ask about XRP and related products tied to the Ripple ecosystem.<\/p>\n Additionally, a recent report from CoinShares showed<\/a> XRP-linked funds drew about $33 million in inflows at a time when crypto investment products associated with heavyweights like Bitcoin and Ethereum (ETH) suffered a fourth straight week of outflows.<\/p>\n Nevertheless, some market observers and traditional financial institutions have tempered expectations about XRP\u2019s performance this year. For instance, banking giant Standard Chartered slashed its year-end XRP price target by 65%, pushing down its forecast from $8.00 to $2.80, citing challenging near-term conditions across digital assets. The firm also lowered forecasts for Bitcoin, Ethereum, and Solana (SOL).<\/p>\n\n
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Market Sentiment Diverges From Price Action<\/h2>\n
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