XRP Whales Flee Binance in Record Withdrawals Amid Market Surge

XRP whales withdrew a record-breaking 231 million tokens from Binance in a single day, marking the highest level of outflows in six months.

The $335 million withdrawal dwarfs the 90-day daily average of around $40 million, according to data shared by crypto commentator Darkfost.

This massive exodus coincides with a $44 billion surge in XRP's market capitalization over three days, as the token's price gained more than 70%.

The increased activity in whale wallets suggests large holders are repositioning their assets. The heavy withdrawals and elevated derivatives volume could reduce available sell-side supply on exchanges like Binance.