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XRP Transactions on Binance Hit 2025 Low as Withdrawals Continue to Outpace Deposits

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XRP Transactions on Binance Hit 2025 Low as Withdrawals Continue to Outpace Deposits

TLDR:

  • XRP deposit transactions on Binance totaled 310,500 over the past 30 days, a yearly low figure.
  • Withdrawals reached 329,400, creating a net negative transaction balance of roughly -18,900 in total.
  • Transaction volumes once exceeded 6 million in a 30-day window before sharply declining in mid-2025.
  • Steady XRP outflows from Binance may reflect cold wallet transfers and long-term accumulation behavior.

XRP transaction activity on Binance has dropped to its lowest point this year. Over the past 30 days, deposit transactions totaled around 310,500, while withdrawals reached approximately 329,400.

This resulted in a net negative count of roughly -18,900 transactions. The data reflects a clear decline in trader and investor activity, pointing to a period of visible market stagnation.

Transaction Volumes Reach Year-Long Lows on Binance

XRP deposits and withdrawals on Binance were considerably higher earlier in the year. At certain points in 2025, total transactions exceeded 6 million within a single 30-day window.

A sharp decline began in mid-2025, and volumes have remained subdued since then. The current figures mark the lowest activity levels recorded since that earlier peak.

Source: Cryptoquant

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This drop in volume reflects reduced short-term trading interest across the platform. Fewer transactions generally correspond to lower speculative activity in the market.

As buying and selling pressures ease in tandem, price volatility tends to follow suit. The overall environment points to a quieter phase in XRP trading.

Earlier in 2025, stronger engagement from retail and institutional traders drove higher transaction counts. The mid-year reversal was swift, pulling volume down within a short timeframe.

Since then, no notable recovery has appeared in the available data. This extended period of low activity is consistent with the broader market slowdown.

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Fewer deposit transactions also suggest a reduced appetite for exchange-based trading. When assets enter platforms at a lower rate, traders are typically less active in short-term positioning.

This aligns with the declining engagement trend observed on Binance. Together, these factors suggest the market has entered a consolidation phase.

Net Negative Transactions Reflect Steady XRP Outflows From Binance

With withdrawals consistently outpacing deposits, a net negative transaction balance has formed. The -18,900 gap reflects a steady movement of XRP away from the Binance platform.

This outflow pattern has persisted throughout the 30-day observation period. Even at low volumes, sustained outflows carry relevance when tracked over time.

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This behavior is sometimes linked to accumulation strategies among longer-term holders. Some traders may be shifting XRP into cold wallets or private storage.

This is a common pattern during quieter market periods when speculation recedes. It does not signal selling pressure but rather a shift in asset management approach.

Moving assets off exchanges during calm periods is a recognized risk management strategy. It gradually reduces exchange-held supply, which is a measurable data point.

This trend does not indicate distress but rather deliberate repositioning by holders. Tracking this movement in the coming weeks will provide additional market clarity.

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The current XRP data shows reduced activity and steady outflows on Binance. Volumes remain at yearly lows, and assets continue moving off the platform.

These trends reflect observable exchange data. The market is in a low-momentum phase as traders await clearer direction.

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Polymarket rolls out stock and commodity contracts with Pyth price feeds

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Polymarket rolls out stock and commodity contracts with Pyth price feeds

Polymarket has partnered with oracle provider Pyth Network to launch traditional asset markets on its platform.

Summary

  • Polymarket partnered with Pyth Network to introduce equity, commodity, and stock-linked contracts.
  • The new markets include daily up or down and closing price contracts that reset at the end of each trading session.
  • Pyth Network is providing real-time price feeds from trading firms and market makers to serve as the resolution layer for the new contracts.

According to an Apr. 2 announcement, the latest addition brings daily up-or-down and closing price contracts for major equity indexes, alongside commodities such as gold and oil, and US-listed stocks. Outcomes on these contracts are determined using Pyth’s real-time price feeds, and the markets reset at the end of each trading session.

Pyth Network will act as the resolution layer for these markets, replacing manual or exchange-specific references with a standardized data source aggregated from trading firms and market makers.

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Simultaneously, Pyth has launched a data interface called Pyth Terminal, allowing users to track live price feeds and the reference values used to settle markets on Polymarket.

Oracle networks like Pyth bring off-chain data such as prices, foreign exchange rates, and commodities onto blockchains. These feeds are widely used across decentralized finance, prediction markets, and tokenized asset platforms, and have seen growing adoption, including by US government agencies.

PYTH price rallied over 70% after the announcement, while its market capitalization moved past $1 billion.

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The latest products on Polymarket were launched as the platform continues to cement its position as a leading prediction market operator.

Last month, the project secured a $600 million investment from Intercontinental Exchange, the parent company of the New York Stock Exchange, as part of a broader multibillion-dollar commitment.

Meanwhile, Polymarket made investments of its own by acquiring DeFi infrastructure startup Brahma for an undisclosed sum.

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Whale Turns Bearish Ahead of $2 Billion Bitcoin and Ethereum Options Expiry

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A whale accumulated more than 2,000 Bitcoin (BTC) put contracts overnight, targeting a move below $66,000, just as over $2.15 billion in Bitcoin and Ethereum (ETH) options settle on Deribit today, April 3.

The back-to-back repositioning signals that at least one large player sees downside risk in BTC’s current price range, even as call open interest still outnumbers puts across both assets.

Why the Whale Trade Matters

Options analytics platform Greeks.live flagged the position shift on April 2, noting the same whale had closed a profitable long trade hours earlier before pivoting bearish.

Per the analysts, the whale entered a long position at $66,000 and exited above $68,000, booking a confirmed profit.

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Within hours, a trader of comparable size began accumulating put contracts, this time betting on a move lower.

The rapid reversal is notable. A whale exiting a winning trade and immediately loading the opposite direction suggests a view that the $66,000–$68,000 zone is a resistance ceiling, not a launchpad.

Bitcoin Price Performance
Bitcoin Price Performance. Source: TradingView

With BTC trading at $66,575 and its max pain level set at $68,000, the spot price sits $1,425 below the level where options sellers profit most. If BTC fails to close that gap before settlement at 08:00 UTC, the bearish whale’s puts gain value.

The Expiry Data

Bitcoin accounts for $1.84 billion of today’s total notional value, with 27,590 contracts outstanding. Call open interest stands at 17,930 against 9,600 puts, giving a put-to-call ratio of 0.54.

Bitcoin Expiring Options
Bitcoin Expiring Options. Source: Deribit

The call skew still leans bullish in aggregate, but the whale’s 2,000-contract put position adds concentrated downside weight near the $66,000 strike.

Ethereum’s expiry is smaller but similarly structured. With $319.9 million in notional value and 156,083 total contracts, ETH trades at $2,052 against a max pain level of $2,075. Its put-to-call ratio of 0.72 points to heavier downside hedging than BTC’s.

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Ethereum Expiring Options. Source: Deribit

“Yesterday, the whale closed out the two positions on the right side… The whale entered the position at 66K and closed it out above 68K — this trade was a resounding success. Starting late last night, a whale of similar size began buying put options again, with over 2,000 contracts expiring today, targeting a price below 66K,” the analysts stated.

What Comes Next

Options settle at 08:00 UTC on Deribit. The hours leading up to that window typically generate the sharpest gamma hedging activity, pulling prices toward max pain.

For BTC, that means a potential drift toward $68,000 if bulls hold ground, or a break below $66,000 if the whale’s put bet plays out.

The post Whale Turns Bearish Ahead of $2 Billion Bitcoin and Ethereum Options Expiry appeared first on BeInCrypto.

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Bitcoin Supply in Profit and Loss Closer to 2022 Bear Market Levels

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Bitcoin Supply in Profit and Loss Closer to 2022 Bear Market Levels

The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst.

There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit at its lowest point, CryptoQuant analyst “Darkfost” said Thursday. 

CryptoQuant data also shows there are about 8.2 million Bitcoin at a loss, with Glassnode data confirming it’s at levels not seen since late 2022. 

“This is quite significant, considering that during the last bear market this figure reached about 10.6 million BTC,” Darkfost said. 

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Analysts have been debating whether Bitcoin has further to fall this year amid growing global turmoil. Bitcoin metrics that show a movement toward previous cycle lows could suggest that a market bottom is getting closer. 

“This suggests that the market is reaching a notable level of undervaluation, comparable to the conditions observed during the previous bear market,” the analyst added. 

Bitcoin in profit and loss at bear market lows. Source: CryptoQuant 

Analyst sees increasing market stress, not undervaluation 

However, Andri Fauzan Adziima, research lead at the Bitrue exchange, argued the data signals “increasing market stress, not immediate undervaluation.”

True capitulation bottoms saw deeper pain, he told Cointelegraph. The supply in loss in 2022 was greater than 50% and the supply in profit was around 45% or lower, while metrics such as net unrealized profit/loss (NUPL) and market value to realized value ratio (MVRV) were at “extremes.”

“Current data points to early/mid-bear transition (potential structural bottom near $55,000), with more downside or consolidation likely before a full reset.”

Related: Bitcoin’s drawdown is ‘less dramatic’ this cycle, Fidelity says

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Data also shows Bitcoin has declined by about 52% from its all-time high this cycle, much less than previous bear markets, which saw 77% to 84% drawdowns from their cycle highs. 

Strong dollar hampering recovery 

Bitcoin author Timothy Peterson commented on X that Bitcoin “tends to struggle when the dollar is strong, and the Chinese yuan is weak.”

He added that this was due to tighter global liquidity, with higher dollar yields attracting capital into cash and bonds and cautious investor sentiment as China eases policy.

That only changes when US interest rates fall and “dollar yield loses its attractiveness,” which is not likely until the second half of 2026 or more likely 2027, he said. 

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The US dollar index (DXY) has gained about 5% over the past two months, according to TradingView. 

DXY has strengthened since late January. Source: TradingView

Magazine: Your guide to surviving this mini-crypto winter