The post XRP Accumulation Signal? Binance Withdrawals Jump, ETF Demand Grows appeared on BitcoinEthereumNews.com.

A fresh cluster of on-chain and fund-flow data is feeding a familiar XRP market question: are buyers using the recent weakness to accumulate? New figures highlighted by CryptoQuant contributor Darkfost suggest that Binance withdrawal activity has surged just as spot XRP ETFs continue to absorb capital despite the token’s pullback. XRP Accumulation In Progress? Darkfost framed the move against a broader altcoin backdrop that still looks selective rather than expansive. “Despite a period of uncertainty that has been quite detrimental to the cryptocurrency market, altcoins are starting to show some early signs of resilience,” he wrote. “Total3, which represents the market capitalization of altcoins excluding Ethereum, is currently consolidating within a range between $640B and $740B, with a performance of around +11% since the beginning of February.” That matters because his XRP read is not based on a broad-based altcoin revival. It is based on capital concentration. As Darkfost put it, “despite a complicated macroeconomic environment and still limited market liquidity, a portion of capital remains positioned in altcoins.” But with liquidity still constrained and the listed universe of tokens continuing to expand, he argued that “asset selection is becoming increasingly important.” Within that framework, XRP has started to stand out. A CryptoQuant chart tracking XRP Ledger exchange withdrawal transactions from Binance shows several sharp spikes in recent weeks, with the most notable move exceeding 14,000 transactions on March 6. Those bursts came while XRP’s USD price remained under pressure, a pattern some traders often read as coins leaving exchange inventory rather than moving onto venues for sale. Darkfost was careful not to overstate the signal, but his interpretation was clear. “At the moment, a few positive signals are emerging around XRP,” he wrote. “The number of XRP withdrawal transactions on Binance has shown several sudden spikes in recent days,…

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Filed under: News - @ March 11, 2026 1:23 pm