On October 25, withdrawals accounted for 55.75% of all XRP transactions on Binance and 54.85% across all centralized exchanges. These figures are within 1 percentage point of the levels recorded on August 18. While transaction counts favor outflows, large holders recently transferred $112.4 million worth of XRP to Binance, marking the highest volume in seven months.
The spread between whale and retail outflows on Binance reached 49.5% on October 26, compared to 29.7% across the broader market. This 19.8-point gap represents a significant increase from the 2.5-point difference observed on July 28. These mixed data points indicate that major market participants are currently active in both directions on the platform.
The Sharpe-like ratio for XRP on Binance has dropped to approximately -0.2641, reaching a four-month low. This metric suggests that recent returns have become less attractive relative to the asset's volatility. XRP is currently trading at $1.29, reflecting a 1.68% decline over the previous 24-hour period.
Market participants are awaiting the Federal Reserve's interest rate decision scheduled for October 28. According to the CME FedWatch tool, there is a 90.6% probability that the Fed will maintain rates between 3.75% and 4.00%. Additionally, the market estimates a 79.7% chance of a rate hike occurring in December.
