Ripple Reports Significant XRP Withdrawals from Major Exchanges

Ripple’s XRP token is currently experiencing notable attention due to significant withdrawals from major cryptocurrency exchanges such as Upbit and Binance. Similar trends were observed in late 2024, which led to a significant increase in the asset’s price. These current outflows are sparking discussions about possible future price movements.

In November 2024, XRP reserves on Upbit decreased from 6.6 billion to less than 6 billion, coinciding with a sharp increase in the token’s price from $0.5 to $3.29, according to analyst CW. A similar pattern is emerging as of early January 2026, with XRP reserves on Upbit declining once more, resulting in the token’s price rising to approximately $2.3. This reduction in available tokens often indicates decreased sell pressure as more users transfer their holdings to private wallets. However, the present decline is not as dramatic as the previous one, but it bears a resemblance in trend.

Binance, another major exchange, is also witnessing a reduction in XRP reserves. Since October 2025, more than 300 million XRP tokens have been removed from the platform, bringing the reserves down from over 3 billion to 2.68 billion. This period saw the XRP price decrease from over $3 to around $1.8, but recent data indicates a recovery with the price now exceeding $2.

As of the current update, XRP is trading at approximately $2.10, which represents a nearly 6% decline over the past 24 hours, although it remains more than 16% higher over the week. The recent decline from $2.28 highlights this level as a significant resistance point. Technical analyst CRYPTOWZRD has suggested that further declines in XRP/BTC are possible, identifying a double top pattern that could lead to additional downward movement unless buying pressure increases.

Conversely, some analysts maintain a positive outlook on XRP’s potential. Chartist Ali Martinez has identified a TD buy signal, while Elliott Wave expert XForceGlobal predicts the inception of a new uptrend. The analyst has mentioned $5 as a feasible target and even speculated about the potential for the price to reach $10 to $20 in the current cycle, although he acknowledged that a dip to the $1.30–$1.50 range could still occur.

XRP’s performance in the early stages of 2026 has attracted significant investor interest, outperforming Bitcoin and Ethereum in the first week of the year. CNBC has labeled it the “hottest crypto trade of the year,” highlighting the growing interest in XRP as traders seek alternatives.

In the broader market context, spot XRP exchange-traded funds (ETFs) listed in the United States have continued to experience steady inflows throughout January. These inflows are perceived as indicative of increasing interest from institutional investors. The combination of decreasing exchange supply and rising demand among larger investors has led some market participants to anticipate further price gains, provided that crucial levels, such as $2.28, are surpassed.

Exchange-traded funds (ETFs) are investment vehicles that track the performance of an underlying asset or group of assets. A ‘spot’ ETF typically refers to one that directly holds the asset it tracks, providing investors with exposure to its actual market price. Issuers file for ETF approval to offer these products to investors, and the approval process generally involves regulatory scrutiny to ensure investor protection and market stability.

Regulatory bodies often focus on several aspects when considering ETF approvals. These include custody of the underlying asset, market integrity, surveillance-sharing agreements, disclosures to investors, and overall investor protection. Such measures are intended to ensure the orderly functioning of markets and to protect investors from potential risks.

Institutional interest in cryptocurrency products, including those from large banks and asset managers, is often driven by client demand for diversified investment opportunities and the potential for fee-based products. Cryptocurrency offers new access routes to digital asset markets, which have become increasingly attractive to a broad spectrum of investors.

Bitcoin, as the largest cryptocurrency by market value, and Solana, known for its smart-contract capabilities, represent distinct segments of the digital asset landscape. Each offers unique opportunities and challenges, from the volatility and liquidity conditions of the markets to operational risks and regulatory uncertainties.

The cryptocurrency marketplace is characterized by intense competition, with multiple issuers frequently filing for similar products. Timelines for approvals can be unpredictable, and amendments to initial filings are common as issuers adapt to regulatory feedback and market conditions.

Looking forward, the review process for any proposed cryptocurrency ETF involves various stages, including potential amendments, solicitation of public comments, and final approval or denial. Market participants closely watch these developments, as they can significantly influence market dynamics and investment opportunities.

The future of XRP and its price movements remains uncertain, with multiple factors influencing its trajectory. Investors and analysts continue to monitor market trends, regulatory developments, and institutional interest to gauge potential outcomes. As the situation evolves, key market levels and investor sentiment will play critical roles in shaping XRP’s direction.