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Over 5 Billion XRP Exited Exchanges in 30 Days

A significant shift of XRP tokens away from centralized exchanges has been observed, with over $7 billion worth of XRP being withdrawn.

A significant shift of XRP tokens away from centralized exchanges has been observed, with over $7 billion worth of XRP being withdrawn. XRP (XRP) is trading at $1.29. This is an original TLT brief based on reporting by The Crypto Basic, with live market data added, as of Sat, 24 Oct 2026 22:15:02 UTC.

Why it matters

This large-scale movement of XRP tokens could indicate increased long-term holding behavior or reduced trading activity, potentially impacting XRP's liquidity and price dynamics.

Key takeaways
  • 5.3 billion XRP ($7B) moved out of exchanges in 30 days.
  • XRP price down 1.47% in the past 24 hours to $1.29.
  • Market cap remains at $81.39 billion despite outflows.
The story so far · 2 briefs
  1. Record 6 Billion XRP Moves to Exchanges in 30 Days
  2. Over 5 Billion XRP Exited Exchanges in 30 Days — this brief

Over the past 30 days, a substantial amount of XRP has been moved from centralized exchanges, with data from CryptoQuant indicating that 5.3 billion XRP, currently worth around $7 billion, have been withdrawn.

This development comes at a time when the broader cryptocurrency market is experiencing a downturn, with Bitcoin down 1.19% in the last 24 hours and the overall market sentiment remaining neutral, as indicated by the Fear & Greed index at 51.

The Crypto Basic is the only outlet reporting this specific data, but the figures from CryptoQuant provide a clear picture of the significant outflow of XRP from exchanges.

The movement of such a large amount of XRP could suggest that holders are opting to store their tokens in private wallets rather than keeping them on exchanges, possibly indicating a shift towards long-term holding or a reduction in active trading.

Despite the large outflow, XRP's market cap remains robust at $81.39 billion, though the token's price has seen a slight decline of 1.47% in the past 24 hours, currently trading at $1.29.

Market reaction since this brief Live

Since this brief published about 13 hours ago, XRP (XRP) has moved from $1.29 to $1.29 — +0.00%.

$1.26$1.28$1.29$1.30$1.32 published · $1.29 now · $1.29 (+0.00%) Oct 24 09:11 UTC Oct 24 22:15 UTC
BeforeSince publishPublished · $1.29

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,782.97 (about $1.29), down 1.0% over 24 hours. The naira itself trades about 3.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#5
$1.29 ▼ 0.98%
7d -0.77%MCap $81.65BFull XRP data →
The market when this published · October 24, 2026
Total market cap$2.76T
Bitcoin 24h-1.19%
Ethereum 24h-2.50%
BTC dominance58.6%
Fear & Greed51 · Neutral

Over 5 Billion XRP Exited Exchanges in 30 Days — questions & answers

Why are XRP holders moving their tokens off exchanges?

While the exact reasons are unclear, it could indicate a shift towards long-term holding or reduced trading activity.

What impact could this have on XRP's price?

The price impact is uncertain, but reduced liquidity on exchanges could lead to increased price volatility.

How does this compare to previous periods?

Without historical data from the source, it's unclear if this is an unusual level of outflow.

How much is 1 XRP worth in naira today?

About ₦1,782.97 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.29. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from The Crypto Basic. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 24, 2026 ⛓ Timestamped at Bitcoin block #972,975 sha256:ff5ed07e3703abb3
Based on reporting by The Crypto Basic — this is an original TLT summary with live market data, not the original article.The Crypto Basic · Oct 24 09:11 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.