With XRP price having returned to a crucial multi-year support level following its 2025/2026 bear market, the token’s withdrawal transactions have spiked to their highest share in more than five years.
On July 31, Binance’s seven-day XRP withdrawal transaction share surged to 55.6%, the highest level since February 2021. Additionally, the same metric across all centralized exchanges hit 54%, also marking the highest share in about 65 months, according to data from CryptoQuant analyzed by pseudonymous crypto trader Amr Taha.
7-day % of XRP daily deposits/withdrawal transactions. Source: CryptoQuant
Concurrently, deposit transaction shares dropped to matching five-year lows of 44.3% on Binance and 45.95% across all exchanges. This created an 11.3-percentage-point gap on Binance, compared with roughly 8.05 percentage points across the broader industry.
This divergence accelerated sharply in the final weeks of July rather than unfolding gradually. Worth noting that the d
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