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XRP Surges 38% as Buying Interest Outpaces Broader Market

Guavy AI Editorial Team
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XRP has surged by 38% since its recent bottom, outperforming Bitcoin and Ethereum in recovery momentum following the Feb. 6 market crash.

This rally reflects stronger buying interest compared to the broader market, which has gained approximately 15% over the same period.

Data from CryptoQuant reveals significant withdrawal activity on Binance between Feb. 7 and Feb. 9, with 192.37 million XRP tokens leaving the exchange.

Total reserves dropped to 2.553 billion tokens, marking a 7% decline that pushed holdings to their lowest level since January 2024.

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