Recent data shows Binance recorded a single-day XRP outflow of 530 million tokens on February 6, the largest withdrawal event visible across both charts covering January through March 2026, with daily large-transfer outflows returning to approximately 50 million XRP per day from mid-March onward.
What the Binance Transfer Size Chart Shows
The first chart, shared by CryptoQuant, covers January 5 through March 19, 2026, tracking Binance XRP daily outflows broken into four transfer size categories against the XRP price line in black. The four categories are transfers below 10,000 XRP in teal, above 10,000 XRP in green, above 1 million XRP in orange, and above 100,000 XRP in purple.
Through January and into early February, the stacked bars maintain a relatively consistent daily profile. The orange above-1 million category and the purple above-100,000 category dominate the bar composition on most days, with combined daily outflows generally ranging between 50 million and 150 million XRP. Small transfers below 10,000 XRP, shown in teal, are negligible across the entire chart period relative to the large transfer categories.
The dominant event on the chart is the February 6 spike. The orange bar extends to approximately 530 million XRP on that single day, producing the tallest bar visible across the entire chart period by a substantial margin. A second elevated bar follows on February 9 at approximately 300 million XRP. Both events coincide with XRP price near $1.35 to $1.40 on the black price line, a period of relative price stability following the decline from the January highs near $2.30.
From mid-February through early March, the bars compress back toward the 50 million to 100 million XRP daily range. Mid-March shows a resumption of elevated activity, with daily outflows returning toward the 50 million XRP average level that Amr Taha identifies as the current baseline. The teal and green small-transfer categories remain consistently minor throughout, confirming that XRP outflow activity on Binance is structurally dominated by large-scale movements rather than retail withdrawal behavior.
What the Multi-Exchange Chart Shows
The second chart covers the same period across fifteen exchanges, tracking only transfers above 1 million XRP per transaction. The exchange breakdown includes Kraken, Bitstamp, Indodax, Binance, Bittrex, Gate.io, Bithumb, Coinbase, Bybit, Upbit, KuCoin, HTX Global, Bitget, Bitfinex, and Crypto.com.
Binance in orange dominates the chart across every significant event. The February 6 spike that reached 530 million XRP on the Binance-specific chart is visible here as the tallest bar across all exchanges combined, with Binance accounting for the overwhelming majority of that day’s total. The February 9 follow-up event shows a similar Binance dominance in the orange contribution, with Kraken in dark blue adding a notable secondary contribution on that specific day.
Coinbase activity is visible as a blue contribution in the stacked bars during early March, coinciding with XRP trading near $1.35. That parallel institutional activity across two of the largest regulated exchanges during the same price window suggests coordinated or independently concurrent large-holder positioning rather than isolated activity on a single platform.
From mid-March onward, the chart shows Binance again leading daily outflows in the above-1 million transfer category, with daily totals returning toward the 50 million XRP baseline. Other exchanges contribute smaller but consistent amounts in the same period, maintaining a pattern of broad multi-exchange withdrawal activity rather than concentration on any single alternative platform.
What the Outflow Pattern Indicates
The February 6 event at 530 million XRP is the reference point against which all other activity on these charts is measured. A withdrawal of that scale in a single day from a single exchange represents a deliberate large-holder action, not routine trading activity. At XRP’s price near $1.35 to $1.40 at the time, 530 million XRP represented approximately $715 million to $742 million in value moving off Binance in one session.
The return to approximately 50 million XRP in daily large-transfer outflows from mid-March reflects a sustained but less dramatic continuation of the withdrawal trend. Combined with the negative absorption score data covered in earlier reporting today, where XRP inflows marginally exceed outflows on a daily basis, the large-transfer outflow pattern suggests that the XRP moving off exchanges is doing so in sizes that do not appear in the absorption score’s net flow calculation, which captures all transfer sizes rather than filtering for whale-scale movements specifically.
