Large XRP outflows accelerated again in late March, marking the strongest wave of whale-sized withdrawals since the heavy activity seen in early February.

My previous February update highlighted a major spike on Feb. 6, when large XRP outflows reached about 530 million XRP in a single day, followed by a March phase where daily withdrawals were averaging close to 50 million XRP.

On March 27, Binance recorded 85 million XRP in outflows from transfers above 1 million XRP, worth around $113.9 million at an XRP price of $1.34.

On the same day, Coinbase recorded 138 million XRP, equal to about $184.9 million.

Together, that brought the daily total to nearly $298.8 million.

On March 30, Binance recorded another 49 million XRP in large outflows, worth about $65.7 million, while Coinbase saw 170 million XRP withdrawn, equivalent to roughly $227.8 million.

That pushed the combined daily total to around $293.5 million.

Across those two sessions, total large XRP outflows from Binance and Coinbase reached about 442 million XRP, worth nearly $592.3 million.

This comparison helps frame the latest move more clearly.

The late-March outflow wave was still below the exceptional 530 million XRP spike seen on Feb. 6, but it was meaningfully stronger than the roughly 50 million XRP daily pace that characterized much of March afterward.

From a market structure perspective, outflows of this size matter because they suggest that a large amount of XRP was moved away from exchanges rather than left available in immediate sell-side liquidity.

When this kind of activity reappears after a quieter stretch, it usually points to a renewed pickup in whale-level movement.

The late-March readings therefore stand out as the clearest return of large XRP withdrawals since the early-February surge, with exchange outflows rising back to levels significant enough to matter for short-term supply conditions.

Written by Amr Taha