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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 6 sources · 9 days · First seen · Last updated
XRP liquidity and movement on Binance
Overview
The availability and movement of XRP on the Binance exchange have undergone significant shifts. In late September 2026, the XRP Scarcity Index on Binance dropped to -0.94, its lowest level since January 2025. This decline indicated a sharp increase in the availability of XRP for trading, reversing a two-year high seen in July.
By early October 2026, the trend shifted toward large-scale withdrawals. Data indicated that whale investors moved approximately 1.38 billion XRP off Binance addresses within a 30-day period, marking a seven-month high in outflows. While the earlier scarcity index suggested higher liquidity and potential selling pressure, these subsequent outflows suggest a reduction in the immediate trading supply available on the platform.
Entities
Binance · XRP · CryptoQuant
Timeline
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[BUSINESS] 5 sourcesBinance XRP whale outflows reach seven-month high
XRP whale outflows from Binance have hit a seven-month high, with approximately 1.38 billion tokens moved off the exchange in 30 days, potentially impacting market liquidity.
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[BUSINESS] 2 sourcesXRP Scarcity Index on Binance hits lowest level since January 2025
The XRP Scarcity Index on Binance has fallen to -0.94, its lowest since January 2025, signaling increased token liquidity and potential selling pressure.
Sources
coinpaper.com · coinpedia.org · it-boltwise.de · klamm.de · news.bitcoin.com · tokenpost.com