XRP Whales Pull 74 Million Tokens From Binance in Back-to-Back February Withdrawals
The post XRP Whales Pull 74 Million Tokens From Binance in Back-to-Back February Withdrawals appeared on BitcoinEthereumNews.com.
TLDR: Binance recorded two XRP whale outflows on February 6 and February 27, totaling roughly 74 million tokens withdrawn. The February 27 withdrawal of 44 million XRP stands as one of the largest single-day outflow events in the tracked data. Negative netflow across 15 exchanges signals that large XRP holders moved assets away from active trading platforms. Reduced XRP supply on Binance eases available selling pressure, a pattern analysts monitor for potential market shifts. XRP whale activity on Binance has drawn attention after two notable outflow events within a single month. On February 27, approximately 44 million XRP left whale wallets on the exchange. Earlier, on February 6, around 30 million XRP were withdrawn from the same platform. Both movements were monitored across 15 major crypto exchanges. These back-to-back outflows have led analysts to examine how large investors are currently repositioning their holdings. Two Consecutive Binance Withdrawals Mark a Notable February Trend A chart tracking daily XRP whale wallet net flows across 15 exchanges documented both withdrawal events. The data showed a rise in negative netflow, meaning the digital asset was moving out of exchanges. Market analysts typically read outward flows from exchanges as a bullish signal for an asset. The February 27 outflow of 44 million XRP ranks among the largest single-day events in the charted data. It followed the February 6 withdrawal of roughly 30 million XRP from the same exchange. Together, both outflows account for a combined removal of approximately 74 million XRP from Binance. Both events originated from the same platform within the same calendar month. Analyst Amr Taha noted the rise in negative XRP whale flows from Binance in a market update post. The data suggests large holders moved assets off the exchange rather than positioning for near-term selling. These movements reduced the supply of…
Filed under: News - @ March 7, 2026 1:16 am