Crypto
Binance XRP Reserve Plummets Amid Record Altcoin Trading Activity
Binance's XRP reserve hit its monthly low after Binance users withdrew approximately 500 million tokens.
This move comes on the heels of a significant exit from Binance, where an analyst flagged a withdrawal of 231 million XRP in a single day, valued between $330 and $335 million. The combined market capitalization added $135 billion during this time.
The recent altcoin volume dominance surged to a two-year high as altcoins captured 65% of trading volume on Binance during the peak of the recent rally recorded on August 25, 2026.