XRP Whale Outflows of 226 Million Coincide with Binance Security Breach
Large XRP transfers totaling 226 million occurred during Binance's October 29 security incident, raising concerns about potential exploitation.
Large XRP transfers totaling 226 million occurred during Binance's October 29 security incident, raising concerns about potential exploitation. XRP (XRP) is trading at R$6,8 ($1.25). This is an original Criptano brief synthesising 3 outlets (CoinEdition, The Crypto Basic, U.Today), plus live market data, as of Tue, 03 Nov 2026 06:45:01 UTC.
The significant XRP outflows during the Binance breach highlight potential vulnerabilities in exchange security and the risks for large token holders. This incident underscores the challenges of securing digital assets and the impact on market stability when breaches occur.
- XRP whale outflows of 226 million coincided with Binance's security breach on October 29.
- CryptoQuant reported 283 million XRP in large transfers from Binance during the incident.
- Investigators traced 233.46 million XRP to an attacker address from five Binance wallets.
CoinEdition, The Crypto Basic, and U.Today all report that Binance experienced a significant XRP outflow on October 29, with transactions involving over 1 million XRP totaling 283 million tokens. However, they differ slightly in the specifics of the breach's impact: CoinEdition and The Crypto Basic focus on the 226 million XRP net outflows, while U.Today emphasizes the 233.46 million XRP moved to an attacker address and the subsequent securing of the remaining $101 million in XRP.
- XRP Whale Outflows Hit Five-Year Low, Signaling Reduced Activity Among Large Holders
- XRP Whale Outflows of 226 Million Coincide with Binance Security Breach — this brief
On October 29, Binance, one of the world's largest cryptocurrency exchanges, faced a security breach that coincided with substantial 
XRP whale outflows. According to CryptoQuant analyst Amr Taha, 283 million XRP were transferred out of Binance during the incident, marking an unusually large movement of tokens.
CoinEdition and The Crypto Basic both corroborate the figure of 283 million XRP in large transfers, highlighting the scale of the outflow. Additionally, investigators traced 233.46 million XRP from five Binance wallets to one attacker address, as reported by CoinEdition. This suggests that a significant portion of the outflows may have been directly linked to the breach.
U.Today further reports that following the breach, Binance took steps to secure the remaining $101 million in XRP from its compromised wallet. This indicates that the exchange was actively working to mitigate the impact of the security incident.
The incident occurred amidst a broader market downturn, with the total crypto market cap at $2.64 trillion and 
Bitcoin experiencing a 2.28% drop in the last 24 hours. The Fear & Greed Index stood at 26, indicating a 'Fear' sentiment in the market.
XRP's price was also affected, with a 0.83% decrease in the last 24 hours and a 3.65% drop over the past week, bringing its market cap to $79.17 billion. The live price of XRP is currently $1.25.
Since this brief published about 7 hours ago, XRP (XRP) has moved from R$6,80$1.25 to R$6,80$1.25 — +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 Criptano's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Não é recomendação.
At today's peer-to-peer rate, 1 XRP ≈ R$6.83 (about $1.25), up 0.2% over 24 hours. The real itself trades about 0.5% above the official rate on the P2P market, so a Brazilian 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.
XRP Whale Outflows of 226 Million Coincide with Binance Secu — questions & answers
Quantos XRP foram transferidos durante o incidente de segurança da Binance?
283 milhões de XRP foram transferidos durante o incidente, de acordo com a CryptoQuant.
Para onde foram os XRP transferidos durante o incidente?
233,46 milhões de XRP foram rastreados para um endereço de atacante a partir de cinco carteiras da Binance.
Como a Binance respondeu ao incidente de segurança?
A Binance garantiu os 101 milhões de XRP restantes em sua carteira comprometida, conforme relatado pela U.Today.
How much is 1 XRP worth in real today?
About R$6.83 at the live peer-to-peer (P2P) USDT rate, which is what Brazilians typically trade at — equivalent to roughly $1.25. The real price moves with both XRP's US-dollar price and the USDT/BRL rate; use our XRP in real page for any amount.
Which outlets reported this story?
This is an original Criptano brief that synthesises reporting from CoinEdition, The Crypto Basic, U.Today, with the key figures cross-checked for agreement across them. 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 Criptano 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.