XRP withdrawals on Binance rose to the highest level in about a month. The Crypto Basic, a blockchain media outlet, reported on May 22 that over the past seven days withdrawals accounted for 53 percent of XRP transactions on Binance, while deposits accounted for 47 percent.

XRP rose to $1.54 on May 14 before sliding to $1.37 along with a broader pullback in the cryptocurrency market. Even during the decline, withdrawal transactions on Binance again exceeded deposit transactions.

CryptoQuant certified analyst Amr Taha said the figures were the strongest signal of withdrawal dominance since April 10, 2026. At that time, withdrawals accounted for 53.4 percent and deposits for 46.5 percent, with XRP trading near $1.34. XRP is also moving around $1.37 now, he said, suggesting a similar pattern to April has reappeared.

A rising withdrawal share does not immediately mean prices will climb. It does suggest that more XRP is moving off the exchange rather than into Binance, indicating selling pressure on the exchange may be easing or that more holders are shifting to external wallets.

Large-wallet flows also pointed in the same direction. Of Binance's daily XRP outflows, the share of amounts exceeding 1 million XRP rose to 57.6 percent. That is the highest level since 66 percent on March 28. A figure close to 60 percent also appeared in late April, and all such surges in whale outflows came when XRP traded between $1.33 and $1.42.

By contrast, on Coinbase the share of outflows exceeding 1 million XRP fell to 14.8 percent, the lowest since April 11. Instead, the share of outflows in the 10,000 to 100,000 XRP range rose to 36 percent on May 19 from 19 percent on April 11, making mid-sized wallets more active than large wallets.