Amr Taha2026-07-22

XRP Withdrawing Wallets Surge Across Coinbase, Binance and Crypto.com as Combined Reading Falls Below -13K

XRP wallet activity turned sharply withdrawal-dominant across Coinbase, Binance and Crypto.com on July 22, producing a combined reading of approximately -13,026 net depositing versus withdrawing wallets over seven days. Coinbase led the shift at -8,900, its first major negative reading since June 20, 2025, and nearly 2.8 times deeper than the previous -3,200 level. Binance recorded -2,626, its second negative reading since June 30, when the metric fell to -6,216. Crypto.com reached -1,500, marking its first negative reading since August 2025. The current pattern contrasts with the sharp deposit-dominant spikes recorded on Coinbase and Binance on July 19 and October 7, 2025, which were later followed by an XRP price decline exceeding 65%. With XRP trading near $1.14, the data highlights a notable reversal in exchange-side wallet behavior. However, the metric measures wallet counts rather than XRP transfer volume and should be evaluated alongside exchange netflows, derivatives positioning and broader market liquidity.