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XRP Exchanges See Record Withdrawal Activity as Price Volatility Dips

Guavy AI Editorial Team
Instruments
BNB XRP
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XRP is experiencing increased withdrawal activity across major exchanges like Coinbase, Binance, and Crypto.com. According to CryptoQuant analyst Amr Taha, these exchanges have seen more XRP withdrawals than deposits in recent weeks.

Coinbase recorded the biggest shift, with a seven-day net depositing/withdrawing wallets metric that fell to -10,900 on August 4. This was about 3.4 times deeper than Coinbase's previous low of -3,200, recorded in June 2025.

The trend is not limited to Coinbase. Binance and Crypto.com also posted negative numbers, with -2,550 wallets on August 4 for Binance and -2,290 for Crypto.com. While these exchanges have not yet matched their June 2025 lows, the simultaneous decline across all three exchanges strengthens the broader cross-exchange signal.

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