XRP Leaves Exchanges, Hinting at Long-Term Accumulation
Investor and analyst Zach Humphries highlights significant XRP exchange outflows following Ripple CEO Brad Garlinghouse’s announcement that the company holds 4.7B XRP and will cease market reports. Data shows Binance’s XRP balance fell by 846,000 and Crypto.com’s by nearly 1M. These XRP exchange outflows indicate transfers to private wallets and suggest long-term accumulation. Reduced supply on trading platforms can tighten liquid market supply and support price stability. The move coincides with Ripple’s growing escrow allocations, as overall holdings increased from 4.56B in March 2025. Traders view these outflows as a bullish signal, reflecting rising investor conviction despite crypto sector volatility. Continued withdrawals may impact short-term liquidity, potentially curbing immediate sell pressure. Over the long term, sustained accumulation could underpin XRP’s price floor and attract institutional interest.
Bullish
XRP exchange outflows typically signal accumulation rather than selling. In this case, the combined withdrawal of over 1.8 million XRP from Binance and Crypto.com reflects holders moving funds to private wallets. This reduces available supply on exchanges and can alleviate selling pressure, a bullish catalyst. Moreover, Ripple’s increased holdings—from 4.56B to 4.7B XRP—underscore controlled release from escrow. Historically, similar patterns in Bitcoin and Ethereum preceded price rallies as exchanges saw net outflows. In the short term, reduced liquidity may increase volatility around the spot price. Long term, sustained accumulation by retail and institutional investors could strengthen XRP’s price floor and boost confidence. Therefore, the net effect leans bullish for XRP’s market outlook.