XRP withdrawals on Binance have climbed to roughly a 10-month high while deposits continue to weaken. Data cited from CryptoQuant analyst Amr Taha shows the latest 7-day average with withdrawals at about 53% and deposits near 46%, restoring a transaction structure last seen around June 2025.
More XRP leaving Binance, less arriving for sale
The signal starts with exchange flow. Fewer XRP deposits suggest fewer traders are sending tokens to Binance with the intention of selling in the near term. At the same time, rising withdrawals usually point to assets being moved into private storage or other wallets, which is more consistent with holding than immediate trading. In simple terms, exchange-side sell supply is not being replenished at the same pace.
The chart pattern described in the source shows withdrawal dominance strengthening steadily as deposit activity fades. That shift has drawn attention because a similar setup appeared during a key period in 2025 and was followed by a phase of price growth. The comparison does not confirm a repeat, but it explains why traders are watching the flow imbalance closely.
Flow structure improves, price has not responded yet
Even with the exchange metrics turning more constructive, XRP price is still moving through a cooling phase. The market has not yet mirrored the improvement shown in withdrawals and deposits, leaving a gap between positioning data and spot price action.
That gap matters. Lower deposits and higher withdrawals tend to reduce the amount of XRP readily available for sale on the exchange, and if the pattern stays in place across several sessions, downside pressure can ease. A rise in withdrawals also tends to reflect a preference for holding rather than active rotation in the spot market.
Why the 10-month high matters
The main takeaway is not a one-day spike but a sustained change in behavior. With Binance XRP withdrawals back near a 10-month high and deposits still declining, trader positioning appears to be shifting toward lower immediate sell intent and a more neutral to accumulation-oriented stance. That is the core message in the latest exchange-flow data.