Are XRP Holders Quietly Accumulating Before the Fed? The Data Is Mixed

XRP (XRP) withdrawals now outnumber deposits on crypto exchanges, nearing their August levels. Meanwhile, the token’s risk-adjusted returns on Binance have sunk to a four-month low. Both readings come two days before the Federal Reserve’s October 28 rate decision. The Fed’s guidance may decide which of the two signals traders act on. XRP Withdrawals Crowd Out Deposits on Exchanges The first signal comes from exchange transaction counts. Analyst Amr Taha reported that withdrawals made up 55.75% of Binance’s 7-day XRP deposit and withdrawal transactions on October 25. Across all centralized exchanges, the withdrawal share reached 54.85%. Both readings sit within 1 percentage point of their August 18 levels. Deposit shares fell to 44.25% on Binance and 45.15% across all exchanges. However, the metric counts transactions, not XRP volume.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to BeInCrypto.