Throughout Binance’s withdrawal suspension, giant $XRP outflows dropped to 14.7 million tokens on October 30. Taha’s knowledge confirmed transfers exceeding 1 million $XRP, with the each day whole declining by 94.8%.
Binance then started restoring $XRP withdrawals in phases on November 1, following safety checks. Giant transfers out reached 80 million $XRP, or 5.44 occasions the October 30 whole. Nevertheless, the web whale flows nonetheless confirmed roughly 50 million $XRP leaving after accounting for deposits.
$XRP Trades Close to $1.25 as Hack Pockets Strikes Stolen Funds
$XRP traded close to $1.25 at first of November, in line with the accompanying CryptoQuant knowledge, under September’s rebound close to $1.55. The token additionally trailed July 2025’s peak of roughly $3.50 however held above August’s lows close to $1.00.
Binance pledged to cowl theft losses with firm funds, and it reported full reserve backing for $XRP buyer balances. The trade additionally reported recovering roughly 95% of affected property by November 1 and continued shopping for the remaining tokens.
Following the reviews, on November 2, Whale Alert recorded a 40 million $XRP switch value $50,456,669 from the handle “Binance Hack 2026.” The alert recognized the sender by way of its hack label however supplied no proprietor data for the receiving pockets.
