Blockchain Analytics Show Significant XRP Outflows From Major Exchanges Between June 16-22
On-chain data from platforms including CryptoQuant and Whale Alert recorded notable reductions in XRP reserves held across several major exchanges during the week of June 16-22, 2025. The tracked exchanges include Binance, Upbit, and Bitstamp, with Binance reserves reportedly ranging between approximately 2.24 billion and 2.85 billion XRP over the period. Sustained exchange outflows of this scale are typically interpreted as XRP moving into self-custody or institutional cold storage, reducing immediately available sell-side supply.
Blockchain analytics platforms CryptoQuant and Whale Alert recorded a measurable decline in XRP held in exchange reserves during the week of June 16 through June 22, 2025. The data covers multiple major venues, with Binance showing reserves in a range of roughly 2.24 billion to 2.85 billion XRP across the tracked period. Upbit held approximately 1 billion XRP, while Bitstamp reserves were recorded in a range starting around 50 million XRP.
Exchange reserve data is a widely used on-chain metric for gauging sell-side supply pressure. When reserves decline over a sustained period, the general interpretation is that holders are withdrawing XRP into private wallets or institutional cold storage rather than leaving assets on exchanges for near-term trading or sale.
The scale of the reported movements has drawn attention from multiple on-chain analysts. If the outflows are confirmed across the full week, the cumulative reduction across these three exchanges alone could represent a meaningful shift in the liquid supply available on centralized trading venues.
It is worth noting that exchange reserve figures can fluctuate for reasons beyond simple holder withdrawals, including internal exchange wallet restructuring or large OTC settlements. The data as reported has not yet been independently audited or confirmed by the exchanges themselves.
Key facts
- •CryptoQuant and Whale Alert data tracked XRP exchange reserves June 16-22, 2025
- •Binance XRP reserves ranged approximately 2.24 billion to 2.85 billion XRP over the period
- •Upbit held approximately 1 billion XRP during the same window
- •Bitstamp reserves were recorded starting around 50 million XRP
- •Declining exchange reserves are generally interpreted as reduced liquid sell-side supply