XRP Withdrawals Surge: Can Shrinking Exchange Supply Sustain Recovery?

XRP wallet activity has shifted decisively toward withdrawals, suggesting investors increasingly prefer self-custody over centralized exchanges. Over the past week, withdrawals have been greater than deposits across major platforms, with Coinbase accounting for the largest shift at -8,900.

This trend is similar to previous spikes in July and October 2025, which led to declines of more than 65% for Ripple's XRP price. However, current seller pressure on the asset is easing, with XRP trading at $1.14.

Despite shrinking exchange supply, broader markets lack convincing evidence of sustained spot accumulation. Binance's balance has been declining steadily from above 3.1 billion XRP, reducing the immediate supply of sellers.