XRP Slips to $1.19 After Reported $540 Million Binance Withdrawal
XRP fell despite a reported one-day withdrawal of about $540 million from Binance, while the broader crypto market remained under pressure.
XRP fell despite a reported one-day withdrawal of about $540 million from Binance, while the broader crypto market remained under pressure. XRP (XRP) is trading at ₹112 ($1.19). This is an original Token Times brief based on reporting by BeInCrypto, with live market data added, as of Fri, 06 Nov 2026 14:00:01 UTC.
The divergence between exchange outflows and price direction shows that large transfers alone did not translate into near-term buying pressure for XRP. The development leaves attention on whether exchange balances, US spot ETF activity, and broader risk conditions begin to align.
- About $540 million in XRP reportedly left Binance in one day.
- BeInCrypto Markets cited a 7.66% 24-hour decline to $1.21.
- Live XRP data shows $1.19, down 9.24% over 24 hours and 4.57% over seven days.
- Bitcoin fell 4.70% as the Fear & Greed index registered 28.
- 40 Million XRP Moved From Binance Hacker Wallet
- XRP Slips to $1.19 After Reported $540 Million Binance Withdrawal — this brief
BeInCrypto reported that approximately $540 million worth of
XRP moved out of Binance in a single day. Despite that substantial withdrawal, XRP did not recover: the outlet’s market page showed a 7.66% decline over 24 hours to $1.21, indicating that the reported movement away from the exchange was not matched by buying support at that point.
The live market snapshot places XRP at $1.19, down 9.24% over 24 hours and 4.57% over seven days, with a market capitalization of $75.43 billion. The difference between the live $1.19 quote and BeInCrypto’s cited $1.21 reflects the different market snapshots rather than a contradiction in the reported direction of travel. BeInCrypto also referenced US spot XRP exchange-traded funds, but its supplied summary did not provide figures or further details about their activity.
The weakness extended beyond XRP. Total crypto market capitalization stood at $2.62 trillion, the overall market was broadly lower, and
Bitcoin fell 4.70% over 24 hours. The Fear & Greed reading of 28 remained in the “Fear” category, providing a risk-off backdrop for the reported decline in XRP and the broader digital-asset market.
The key point of interest is the disconnect between a large exchange outflow and a falling market price. Exchange balances, subsequent buying activity, ETF flows, and the direction of the wider crypto market are the relevant measures for determining whether the reported transfer represents a lasting change in XRP trading conditions or a temporary movement amid broad weakness.
Since this brief published about 4 hours ago, XRP (XRP) has moved from ₹112.50$1.19 to ₹112.50$1.19 — +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 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.
At today's peer-to-peer rate, 1 XRP ≈ ₹122.87 (about $1.19), down 9.2% over 24 hours. The rupee itself trades about 9.2% 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.
Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Slips to $1.19 After Reported $540 Million Binance Withd — questions & answers
How much XRP reportedly left Binance?
BeInCrypto reported that about $540 million worth of XRP left Binance in a single day.
What was XRP’s price and recent performance?
Live data showed XRP at $1.19, down 9.24% over 24 hours and 4.57% over seven days. BeInCrypto Markets cited $1.21 after a 7.66% 24-hour decline.
What was the broader crypto market backdrop?
Total crypto market capitalization was $2.62 trillion, Bitcoin was down 4.70%, and the Fear & Greed index stood at 28, classified as Fear.
How much is 1 XRP worth in rupee today?
About ₹122.87 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.19. 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.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from BeInCrypto. 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 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.