Binance XRP Withdrawals Hit Two-Year High Amid Widening Imbalance
XRP withdrawal activity on Binance has reached its highest level in at least two years, according to an on-chain analysis by CryptoQuant contributor Amr Taha.
The exchange is now recording a significantly larger share of XRP withdrawal transactions than deposits. On July 17, Binance's share of XRP withdrawal transactions reached 54.5%, the highest level since July 2024, while deposit transactions fell to 45.4%, the lowest reading since the same period.
The widening gap between withdrawals and deposits has expanded to 9.1 percentage points, up from 6.5 points on June 20, 2025. This makes the current imbalance roughly 40% wider than the previous comparison.




