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Search results for June 1

Crypto

Binance XRP withdrawals 55 percent concentrated in whale transfers, contrasts with Coinbase

Large XRP withdrawals showed a clear split between Binance and Coinbase, according to on-chain data cited by The Crypto Basic. On Aug. 3, transfers above 1 million XRP made up 55.3 percent of Binance’s daily XRP withdrawals, versus 15 percent on Coinbase. Coinbase saw growth in the 100,000 to 1 million XRP band, while Binance was led by over-1-million transfers. XRP was trading around $1.07 and remained in a downtrend channel.

Finance

Platform brokers step up push into 700 trillion won pension market

Toss Securities, KakaoPay Securities and Kiwoom Securities are stepping up efforts to win pension clients as they seek to reduce reliance on brokerage earnings tied to stock trading volume. Total assets in retirement pensions and pension savings reached 699.6 trillion won at end-2025, with pension savings funds rising sharply. Toss has launched a pension savings account, KakaoPay has built scale in pension savings and ISAs, and Kiwoom has entered retirement pensions with fee waivers and mobile ETF trading.

Crypto

XRP spot buying rises as Binance perpetual futures turn more bearish

Buying in XRP’s spot market has climbed to its strongest level since June, while bearish positioning has grown in Binance’s perpetual futures market. Centralised exchange spot cumulative volume delta reached about $388.6 million on July 23, the highest since June 1. In contrast, Binance perpetual futures CVD fell to about -$547.4 million. Binance XRP open interest rose about 9 percent from July 8 to July 23, suggesting new leveraged flows.