$720M XRP Withdrawn From Binance in One Day – Second Massive Outflow Days Later – Accumulation Alert

720M-XRP-Withdrawn-From-Binance-in-One-Day-Second-Massive-Outflow-Days-Later-Acc

📰 Daily Market Update: 


📊 [XRP] Multi Exchanges Daily Outflow Amount > 1M

This chart tracks large daily outflows of XRP (above 1M tokens per transaction) across 15 major exchanges. It focuses on big transfers often linked to whales or institutions, ignoring smaller retail moves.

🔬 Key Observation:
📈 On Feb 6, Binance recorded a massive outflow of 530M XRP, worth over $720M, when price was near $1.37.
📈 On Feb 9, another significant outflow occurred, totaling 278M XRP.
⏲️ Such spikes in outflows reduce the available supply on exchanges, often interpreted as whales moving assets to cold storage or preparing for long‑term holding.