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Altcoins & DeFi

Over 5 Billion XRP Moves Out of Exchange Platforms

Image: The Crypto Basic

More than 5 billion XRP left exchange platforms over the past 30 days as holders continued moving their tokens away from centralized exchanges. Data from CryptoQuant puts the exact total at 5.3 billion XRP, currently worth around $7 billion. However, this figure remains below the roughly 6 billion XRP recorded in an earlier October reading. This suggests that although outflows remain high, the strongest wave of withdrawals may have already passed. In terms of individual exchange contributions , Binance recorded the largest outflows, with approximately 2.206 billion XRP leaving the exchange during the period. OKX followed with around 501.51 million XRP, while Bybit recorded approximately 479.94 million XRP. Upbit saw outflows of roughly 392.90 million XRP, and Bitget recorded approximately 243.39 million XRP.

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