XRP withdrawals outpace deposits on exchanges ahead of Fed decision, risk-adjusted returns sink to four-month low

XRP withdrawals now outnumber deposits on crypto exchanges, nearing August levels. On Binance, withdrawals made up 55.75% of 7-day transactions on October 25, while across all centralized exchanges the share reached 54.85%. Meanwhile, Binance's XRP Sharpe-like ratio fell to about -0.2641, its lowest level in four months. XRP trades at $1.29, down 1.68% over the past 24 hours. The data comes two days before the Federal Reserve's October 28 rate decision.