XRP $540M Binance Withdrawal Meets Stalled ETF Demand at $1.15
A reported $540 million XRP outflow from Binance coincided with subdued ETF demand and continued pressure around the $1.15 level.
A reported $540 million XRP outflow from Binance coincided with subdued ETF demand and continued pressure around the $1.15 level. XRP (XRP) is trading at $1.15. This is an original TLT brief based on reporting by Crypto Daily, with live market data added, as of Sun, 08 Nov 2026 19:45:02 UTC.
The combination of exchange withdrawals, weak ETF demand and a declining seven-day price could affect near-term XRP liquidity, although a Binance withdrawal alone does not confirm that the tokens were sold.
- Crypto Daily reported about $540 million in XRP withdrawals from Binance in one day.
- XRP trades at $1.15, down 0.68% over 24 hours and 7.61% over seven days.
- ETF demand reportedly stalled as sellers maintained pressure around $1.15.
- The broader crypto market is flat, while Fear & Greed stands at 28.
Crypto Daily reported that 
XRP holders withdrew approximately $540 million from Binance over a single day. The reported movement puts substantial attention on exchange balances while investors also face an absence of sustained ETF demand, leaving XRP trading at $1.15, a level described as a market pivot.
The outlet said sellers continued to press that area even after the large withdrawal. The figures do not establish where the withdrawn XRP went or whether it was sold; Crypto Daily’s summary links the transfer flow to stalled ETF demand and market pressure without providing evidence of a specific destination or transaction outcome.
Live market data show XRP at $1.15, with a 24-hour decline of 0.68% and a seven-day loss of 7.61%. Its market capitalization stands at $73.31 billion. The shorter-term move is comparatively modest, but the weekly decline indicates broader weakness over the latest seven-day period.
The wider crypto market was flat at a total capitalization of $2.6 trillion, while 
Bitcoin was down 0.12% over 24 hours. The Fear & Greed index stood at 28, within the Fear range, providing a cautious backdrop for the reported XRP exchange-flow activity and stalled ETF demand.
What to watch is whether XRP can remain around the highlighted $1.15 level, whether ETF demand resumes, and whether the reported exchange withdrawals continue. The immediate distinction is between reduced exchange supply and confirmed selling, since the supplied figures document withdrawals but do not show that the tokens were liquidated.
Since this brief published about 12 hours ago, XRP (XRP) has moved from $1.15 to $1.15 — +0.00%.
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.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,585.86 (about $1.15), down 0.6% over 24 hours. The naira itself trades about 2.3% 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 $540M Binance Withdrawal Meets Stalled ETF Demand at $1. — questions & answers
How much XRP left Binance in one day?
Crypto Daily reported approximately $540 million worth of XRP withdrawals from Binance over a single day.
Why is $1.15 important for XRP?
Crypto Daily identified $1.15 as a pivot while sellers continued to apply pressure, and the live price is currently at that level.
Does the Binance withdrawal confirm XRP selling?
No. The summary confirms a reported withdrawal but does not identify where the tokens went or whether holders sold them.
How much is 1 XRP worth in naira today?
About ₦1,585.86 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.15. 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 Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
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.