Bitcoin briefly dipped below $80,000 as selling pressure and derivatives unwinds intensified, while Ethereum fell under $2,300. The move followed a surge in profit-taking—14,600 BTC realized gains on May 4—alongside about $331 million in liquidations over the past 24 hours, with nearly $100 million in a two-hour span. Price later hovered near $80,200 as traders watched the $80,000–$82,000 resistance area.

Ethereum is attempting to stay above $2,150 as on-chain trackers highlighted a large move in the past hour. A newly created wallet withdrew about $82 million worth of ETH from institutional prime brokerage FalconX, drawing attention to who may be behind the transfer. Analysts cited by the report said the wallet's behavior resembles Bitmine's past acquisition patterns, though attribution is not confirmed.

Ethereum has moved back above $2,100, but Binance market depth appears thinner than earlier in the cycle. CryptoQuant data shows Binance's exchange liquidity ratio near 5.01 and 30-day cumulative turnover around 16.65 million ETH, while reserves sit close to 3.32 million ETH. With participation muted, the same price level may react more sharply if large orders return to the market.

XRP is trading above $1.30 again after briefly losing the level for several hours yesterday before buyers pushed it back. A report on Binance activity says XRP deposits and withdrawals on the exchange have fallen to their lowest point since 2025, with roughly 310,500 deposits and about 329,400 withdrawals over the past 30 days. The analysis frames the rebound as occurring in a thinner market, while price remains constrained between roughly $1.20 and $1.50.

Large holders pulled roughly 442 million XRP—valued near $592 million—from Binance and Coinbase in two sessions on March 27 and March 30. The move came as XRP hovered around the $1.30 area and remained below key moving averages, with the broader setup still signaling weakness if current support breaks.

Ethereum is trading around $2,000, a level that appears supportive on price but may be masking weaker risk-reward conditions. A CryptoQuant report on Binance data shows ETH's Sharpe-like ratio near -0.0012 and a 30-day average return of -0.00039, suggesting risk is outweighing returns at this range.

XRP is hovering near $1.30–$1.35 and continues to defend the broader $1.30–$1.50 band after a longer downtrend from around $2.40. Since the end of February, Binance has seen a rise in XRP withdrawal activity, with multiple days above 4,000 outflow transactions and peaks nearing 6,000, largely in the 1,000–100,000 XRP bracket. The setup points to possible accumulation, while $1.50 remains key resistance and $1.25 is the level to watch for downside risk.

Binance has shifted from heavy stablecoin withdrawals to net inflows, with the latest reading at +$2.4 billion after lows of -$3.4 billion (Dec. 11) and -$6.7 billion (Feb. 15). The move comes as the total crypto market cap sits near $2.3 trillion, up 1.85% on the week, while still down 43% from the January 2026 peak. The change is viewed as an encouraging signal, but it may require persistence over the next sessions to confirm a trend.

XRP is trading around $1.35, while Binance-related on-chain data show fewer tokens available for immediate sale. According to an Arab Chain report, the Binance XRP scarcity indicator rose to 0.59, its highest reading since 2024, suggesting exchange supply is shrinking as coins move into private wallets. Separately, XRPUSDT has posted a 1.75% daily gain to $1.3510, but the broader downtrend described in the report remains intact.