XRP Whale Withdrawals Hit 26% on Coinbase as 228M XRP Leaves Binance and Upbit
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CryptoQuant data as of July 2, 2026 shows XRP whale outflows surged, with Coinbase withdrawals hitting 26% and roughly 228 million XRP withdrawn from Binance and Upbit, pushing exchange reserves to multi-month lows. The fall in CEX reserves and large off-exchange transfers suggest accumulation that could tighten sell-side liquidity and support XRP token performance and adoption, while highlighting custody and security considerations.
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Large XRP holders are making up the share of withdrawals from major cryptocurrency exchanges. New CryptoQuant data shows whale outflows have surged on Coinbase, while XRP reserves on Binance and Upbit have dropped to multi-month lows.
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