XRP Withdrawals Hit 53.8% on Binance, Highest Since June 2024

TLDR: XRP withdrawal share on Binance reached 53.8% on June 23, the highest since June 2024. Deposit transactions fell to 46.1%, their lowest level in approximately two years. Withdrawals have outpaced deposits for seven straight days since June 17 on Binance. Ripple burned $539M in RLUSD over 30 days, with burns exceeding mints by $129M. [...]

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