Crypto
Binance XRP Reserves Plummet Amid Growing ETF Demand
Binance's XRP reserves have seen a significant decline of roughly 500 million tokens since November 2025. The total reserves now stand at 2.6 billion, down from 3.1 billion in November last year.
This drop coincides with the launch of spot XRP ETFs in late 2025, which may have driven some of the outflow as ETF issuers bought XRP on the open market.
The reduction in reserves suggests a trend of investors moving XRP off exchanges and favoring self-custody. This is also reflected in the current price action, with XRP consolidating between its 20-week and 50-week moving averages.