{"id":74464,"date":"2026-06-24T01:18:35","date_gmt":"2026-06-24T01:18:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-withdrawal-activity-reaches-highest-level-since-june-2024-on-binance\/"},"modified":"2026-06-24T01:18:35","modified_gmt":"2026-06-24T01:18:35","slug":"xrp-withdrawal-activity-reaches-highest-level-since-june-2024-on-binance","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-withdrawal-activity-reaches-highest-level-since-june-2024-on-binance\/","title":{"rendered":"XRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Withdrawals made up 53.8% of Binance XRP transaction activity, while Coinbase also showed a deeper negative net transaction reading.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Deposit activity fell to 46.1%, suggesting fewer transactions moving XRP onto Binance by transaction count.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Continued withdrawal dominance across exchanges may signal changing behavior, though volume data is still needed.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Binance XRP Withdrawals Lead Deposits for Seven Consecutive Days<\/h2>\n<p> <span>XRP<\/span> has shown short-term weakness, trading near $1.10 on June 23 following a failed attempt to sustain upward momentum. Against this backdrop, an <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6a3a79493eb04801bdf15df6-XRP-Withdrawals-Dominate-Binance-for-Seven-Straight-Days-Hit-538%E2%80%94Highest-Since-J\" target=\"_blank\" rel=\"noopener noreferrer\">analysis<\/a> published by Cryptoquant indicates a notable shift in exchange behavior, with <span>XRP<\/span> withdrawal activity on Binance reaching its highest level since June 2024.<\/p>\n<p>Over a seven-day rolling period, withdrawal transactions accounted for 53.8% of total <span>XRP<\/span> transaction activity on Binance, while deposit transactions declined to 46.1%, marking their lowest level since 2024. This resulted in a 7.7 percentage point divergence, with withdrawals consistently exceeding deposits for seven consecutive days beginning June 17.<\/p>\n<p>The analyst noted:<\/p>\n<blockquote>\n<p>\u201c <span>XRP<\/span> Withdrawals Dominate Binance for Seven Straight Days, Hitting 53.8% \u2014 Highest Since June 2024\u201d<\/p>\n<\/blockquote>\n<p>The accompanying chart, which tracks <span>XRP<\/span> price alongside Binance deposit and withdrawal transaction shares from mid-2024 through June 2026, illustrates a clear late-stage divergence. Withdrawal activity trends upward while deposit activity weakens, signaling a sustained shift in transaction composition.<\/p>\n<p><\/p>\n<h2>XRP Transaction Shift Highlights Rising Withdrawal Activity<\/h2>\n<p>The Cryptoquant metric tracks the share of deposit versus withdrawal transactions, not the value or <span>volume<\/span> of <span>XRP<\/span> moved, reflecting transaction frequency rather than capital flows.<\/p>\n<p>An elevated withdrawal share means withdrawal transactions outnumber deposits, but it does not confirm net outflows or market direction. The divergence marks the widest visible gap near the end of the chart and persisted for a full week, pointing to a shift in exchange-use behavior, though <span>volume<\/span> and balance data are needed to assess net flows.<\/p>\n<p>The analyst cautioned:<\/p>\n<blockquote>\n<p>\u201cA higher withdrawal share indicates that withdrawal transactions are outnumbering deposit transactions on Binance, but it should not be treated alone as a direct buy-or-sell signal.\u201d<\/p>\n<\/blockquote>\n<p>A broader view across exchanges reinforces this trend. In a separate <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6a352b059139404af2b020a0-XRP-Withdrawals-Surge-Across-Coinbase-and-Binance-as-Bybits-27000-Deposit-Wave-C\" target=\"_blank\" rel=\"noopener noreferrer\">analysis<\/a> published on June 18 by the same analyst, <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> withdrawal activity was also seen strengthening beyond Binance. Coinbase\u2019s net depositing\/withdrawing transaction reading moved deeper into negative territory, indicating withdrawal transactions were again outnumbering deposits at a more pronounced rate.<\/p>\n<p>Meanwhile, Bybit recorded the sharpest reversal, as its net depositing\/withdrawing transaction reading fell from roughly +27,000 on June 7 to around -200 by June 18, erasing most of its early-June deposit surge. Together, the data points to a broader shift in <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> exchange behavior during June, although the metric measures transaction counts rather than <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> or value transferred.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/xrp-withdrawal-activity-reaches-highest-level-since-june-2024-on-binance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Withdrawals made up 53.8% of Binance XRP transaction activity, while Coinbase also showed a deeper negative net transaction reading. Deposit activity fell to 46.1%, suggesting fewer transactions moving XRP onto Binance by transaction count. Continued withdrawal dominance across exchanges may signal changing behavior, though volume data [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":74465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74464"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74464"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74465"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}