Overview
- CryptoQuant data shows Binance’s XRP reserve value contracting to roughly $3.9 billion on March 6, down from peaks above $10 billion in January and July 2025.
- XRP is consolidating after a drawdown of more than 60% from mid‑2025 highs, trading in the $1.30–$1.45 range around $1.37–$1.40 in recent sessions.
- NewsBTC reports continued whale outflows on Binance, including withdrawals of about 44 million XRP on February 27 and roughly 30 million XRP on February 6.
- Bitcoinist cites commentary that more than 7.03 billion XRP left exchanges in February, including about 3.38 billion from Binance, figures that have limited independent verification.
- A trader cited by Bitcoinist notes a 24‑hour pickup in activity, with futures volume up over 7% to $4.85 billion and spot volume up about 15% to $1.31 billion.