Binance XRP Outflows Explode to 226 Million as Whale Activity Reaches Levels Last Seen in 2022

Dextape brief

By Dextape Desk · November 3, 2026

CryptoQuant data shows XRP whale net flow on Binance hit negative 226 million units on October 29, about 2.72 times the September 2022 reading of negative 83 million. That day, 283 million XRP in large transfers left the exchange. TRM Labs traced 233.46 million XRP moved out of five Binance wallets and into an address the attacker controlled, while Elliptic reported roughly 233 million XRP in linked transfers. During the pause, withdrawals above 1 million fell 94.8% to 14.7 million on October 30. Once withdrawals resumed in stages on November 1, outflows reached 80 million, 5.44 times the October 30 figure. CryptoQuant said moving XRP off the exchange may ease near-term selling pressure. Binance has said it covered about 95% of the roughly $6.3 billion stolen, though recovering the rest may take longer.

Why it matters: The figures track how XRP movements on Binance shifted during the hack and the staged return of withdrawals, offering a view of available supply.

Mentioned: XRP, Binance

Summary by Dextape, based on reporting by CryptoPotato. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.