Binance XRP Reserves Plummet Amid XRP Price Surge

Binance's reserves of XRP have fallen to their lowest monthly average since February 2024, according to data from CryptoQuant. Over the past year, approximately 500 million XRP have left the exchange.

This decline is notable, given that XRP has experienced a nearly 30% gain over the latest month. However, this highlights a divergence between the coin's price performance and the amount of XRP held on Binance.

CryptoQuant author Darkfost noted that Binance's monthly average XRP reserves have decreased from around 3.1 billion XRP in November 2025 to approximately 2.6 billion XRP currently. This represents a reduction of about 500 million XRP in less than a year.

The data suggests that XRP holders continued withdrawing tokens from Binance even as the market moved through a prolonged correction. Darkfost observed that Binance's XRP reserves have historically tended to rise during rebounds and decline again during subsequent retracements, but this metric creates a lag between price movements and changes in exchange balances.