Binance XRP Reserves Plummet to 2024 Levels Amid Price Decline
The XRP price experienced a 5% decline today after its recent surge to $1.70, but on-chain data indicates a different trend. Binance's XRP reserves have decreased by approximately 500 million tokens since November 2025, reaching levels last seen in early 2024.
This drop in exchange supply has sparked interest among market observers, who are now wondering if this decrease could be a sign of increased demand or other factors at play. The price pullback may be short-lived if the data continues to show a decline in Binance's XRP reserves.