Amr Taha
XRP Wallet-Flow on Upbit Reaches 37%, Highest Since June 2024, as Binance Hits Its Lowest Since May 2025 and Crypto.com Falls to 0%
XRP net wallet-flow dominance on Upbit has climbed to 37%, its highest reading since June 2024, signaling a sharp change in where XRP deposit activity is becoming most concentrated across major exchanges. The data shows Upbit’s 7-day XRP wallet-flow dominance rising from 13% on June 8 to 37% on June 22 — a 24-percentage-point increase in two weeks. At the same time, XRP wallet-flow dominance on Binance fell from 16% to 0%, its lowest level since May 2025. Crypto.com posted a similar decline, dropping from 9% to 0%, while Coinbase remained near 9%. The shift created a major reversal between Upbit and Binance. On June 8, Binance’s reading was slightly higher than Upbit’s, at 16% versus 13%. By June 22, Upbit had risen to 37% while Binance had fallen to zero, creating a 37-point gap and a 40-point reversal in relative wallet-flow positioning. A higher net wallet-flow dominance reading indicates that XRP deposits are outweighing withdrawals on that exchange relative to other tracked platforms. It does not measure total XRP reserves held by wallet or exchange.