#XRP Gains 38% While Bitcoin and Ethereum Lag Behind


$XRP has outpaced $BTC and $ETH in recovery momentum following the Feb. 6 market crash, with the payments-focused #cryptocurrency climbing 38% from its recent bottom. The rally reflects stronger buying interest compared to the broader market, which has gained approximately 15% over the same period.


Data from CryptoQuant reveals significant withdrawal activity on Binance between Feb. 7 and Feb. 9, with 192.37 million $XRP tokens leaving the exchange. Total reserves dropped to 2.553 billion tokens, marking a 7% decline that pushed holdings to their lowest level since January 2024. Exchange balances have remained stable following the withdrawal wave.


Cryptocurrency analysts typically interpret declining exchange reserves as evidence of investor accumulation. The pattern suggests market participants are moving tokens into private wallets for #long-term holding rather than keeping assets on trading platforms where they might be sold quickly.


Sharp withdrawal events can reduce available #supply on exchanges, creating conditions that support price appreciation. Historical patterns support this relationship, as $XRP experienced a similar dynamic in late 2024 when exchange balances declined steadily.


The token rallied from $0.60 to above $2.40 during the final two months of 2024 as holdings on centralized platforms decreased at an accelerated pace. That price movement coincided with sustained #outflows that limited tokens available for immediate sale.


Recent price action shows $XRP trading at $1.55, representing more than 5% gains in the past 24 hours alone. Bitcoin and Ethereum changed hands at $69,420 and $2,020, respectively, during the same timeframe, according to market data.

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February 16, 2026 at 12:32 AM
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