Blockchain analytics firm CryptoQuant recorded 7.03 billion XRP outflows in February, with Binance leading at around 3.38 billion coins moving off its wallets.
CryptoQuant data shows that approximately 7.03 billion XRP tokens left cryptocurrency exchanges in February 2025. Binance accounted for the largest portion, with about 3.38 billion XRP withdrawn from its exchange wallets. The scale of this movement indicates increasing investor preference for self-custody, a common trend when users move holdings from centralized platforms to private wallets for enhanced security or long-term holding. Other exchanges also witnessed notable XRP withdrawals during the month.