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XRP Sees $540M Binance Outflow as ETF Demand Cools

Crypto Daily reports a one-day $540 million movement of XRP off Binance as the token trades around a closely watched $1.15 level.

Crypto Daily reports a one-day $540 million movement of XRP off Binance as the token trades around a closely watched $1.15 level. XRP (XRP) is trading at ₹107 ($1.14), down 0.9% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sun, 08 Nov 2026 21:45:01 UTC.

Why it matters

The reported exchange outflow coincides with stalled ETF demand and a weaker weekly XRP price, putting attention on liquidity movements around a key market level.

Key takeaways
  • Crypto Daily reports about $540 million moved off Binance in one day
  • XRP trades at $1.15, down 0.83% over 24 hours
  • The token has declined 7.71% over seven days
  • ETF demand reportedly stalled

Crypto Daily reports that XRP holders moved approximately $540 million off Binance in a single day. The summary does not specify the destination of the funds or provide additional detail about the transactions, so the report establishes the scale of the movement without identifying a particular beneficiary. The development came as ETF demand stalled and XRP remained near the $1.15 pivot highlighted by the outlet. Its live price is $1.15, with a 24-hour decline of 0.83% and a seven-day loss of 7.71%. The available figures therefore show that the reported outflow occurred while the token was testing the cited level rather than rallying on the news.

This account comes from Crypto Daily alone, with no corroborating outlet coverage supplied. As a result, the $540 million outflow and the description of ETF demand are single-source findings. No conflicting figures are available, but the figures have not been independently confirmed within the supplied material.

The wider crypto market was comparatively stable, with total capitalization at $2.61 trillion and the overall market described as flat. Bitcoin was up 0.18% over 24 hours, while the Fear & Greed index stood at 28, indicating a “Fear” reading. XRP’s market capitalization was $73.11 billion, making its recent underperformance notable against a relatively subdued broader market. What matters next is whether XRP can maintain its position around $1.15, whether the reported Binance outflow continues, and whether ETF demand resumes. Those are the observable conditions in the supplied report; they do not by themselves establish a price direction or the effect of the $540 million movement on future selling pressure.

Market reaction since this brief Live

Since this brief published about 14 hours ago, XRP (XRP) has moved from ₹108.23$1.15 to ₹107.29$1.14 — -0.87%.

$1.14$1.14$1.15$1.15$1.15 published · $1.15 now · $1.14 (-0.87%) Nov 8 08:09 UTC Nov 8 21:45 UTC
BeforeSince publishPublished · ₹108.23$1.15

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 Token Times'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 rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹118.55 (about $1.14), down 1.0% over 24 hours. The rupee itself trades about 10.5% above the official rate on the P2P market, so a Indian 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
₹107.29$1.14 ▼ 1.01%
-0.87% since this brief published
7d -7.45%MCap ₹6.84TFull XRP data →
The market when this published · November 8, 2026
Total market cap₹245.41T
Bitcoin 24h+0.18%
Ethereum 24h-0.16%
BTC dominance58.5%
Fear & Greed28 · Fear

XRP Sees $540M Binance Outflow as ETF Demand Cools — questions & answers

How much XRP reportedly left Binance?

Crypto Daily reports that approximately $540 million worth of XRP moved off Binance in one day. The supplied summary does not identify where the funds went.

Where is XRP trading and how has it performed?

XRP is at $1.15, down 0.83% over 24 hours and 7.71% over seven days. Its market capitalization is $73.11 billion.

What did Crypto Daily report about ETF demand?

Crypto Daily said ETF demand stalled. That finding comes from one outlet and was not corroborated by other supplied coverage.

How much is 1 XRP worth in rupee today?

About ₹118.55 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.14. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.

Has XRP's price moved since this brief was published?

XRP is down 0.87% since this brief first published — trading at ₹107 ($1.14) now versus ₹108 ($1.15) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times 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.

In this storyBinance Company
Token Times Newsdesk Data-stamped

Token Times'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 · November 8, 2026 ⛓ Timestamped at Bitcoin block #975,093 sha256:3dc8609e055ede7e
Based on reporting by Crypto Daily — this is an original Token Times summary with live market data, not the original article.Crypto Daily · Nov 8 08:09 ↗

Original summary — not financial advice. This is an original Token Times 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.