Coinbase Leads Major Exchanges in XRP Outflows
Three major cryptocurrency exchanges - Coinbase, Binance, and Crypto.com - have reported net outflows of XRP from their exchange wallets. The largest outflow was recorded at Coinbase, with a staggering -10.9K XRP as of August 5, 2026.
This decrease in exchange balances could potentially reduce sell pressure on the market and promote token accumulation and adoption. In addition, XRP price volatility has hit its lowest point in three months, providing a relatively stable environment for investors.
According to the data, it appears that more people are moving XRP off these major exchanges, which may signal a new phase in the market for this cryptocurrency.