• Whale-sized XRP withdrawals on Coinbase climbed from roughly 10% to 25.7% in just over two weeks.

  • Binance continued to record nearly half of all XRP outflows from transfers exceeding one million XRP.

  • The data highlights changing exchange withdrawal patterns without revealing the final destination of the XRP.

Large XRP holders played a much bigger role in exchange withdrawals during the second half of June, with Coinbase recording a sharp increase in million-token transfers while Binance continued to be dominated by large transactions.

The changing outflow structure does not indicate whether the withdrawn XRP is moving into cold storage, custody solutions, or other destinations. However, the data shows that whales accounted for a growing share of exchange withdrawals as XRP traded near the $1.05 level.

Coinbase Sees Sharp Shift Toward Whale Withdrawals

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Read The Full Article XRP Whale Withdrawals Double on Coinbase While Binance Remains Whale-Led On Coin Edition.

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