Crypto
Binance XRP Reserves Hit Lowest Level Since 2024
According to data from CryptoQuant, over 550 million XRP have left Binance since late 2025. This has pushed the exchange's average reserve down to its lowest level since February 2024, despite a strong month for XRP in August.
The 30-day average XRP balance on Binance has fallen from approximately 3.17 billion XRP in November 2025 to 2.61 billion XRP on September 1, 2026, representing a decline of about 551 million XRP or 17.4% in less than a year.
XRP's price did not move in a straight line during this period, experiencing a significant correction from its $3.66 peak before recovering sharply in August. The reduction in Binance reserves has continued through both stronger and weaker phases of the XRP market.