XRP Reserves Surge as Price Breaks $1.50 on Binance

XRP reserves on Binance have surged to their highest level in three months, reaching approximately 2.68 billion tokens, according to data from Arab Chain.

This increase has occurred during a broader market rally, but closer examination of exchange flows suggests that the added supply is primarily due to trading turnover rather than holders preparing for an immediate sell-off.

Arab Chain cautioned against treating the reserve buildup as a sell signal, noting that it reflects increased liquidity within the trading ecosystem rather than a change in investor sentiment.

The data provider advised investors to monitor this development alongside net flows, trading volume, and price action, particularly if reserves continue to climb.

On-chain analyst Theophiluspep provided further insight into the activity, citing CryptoQuant data that shows Binance's average daily XRP deposits running 663% above the quarterly baseline during recent sessions. Withdrawals have also increased, leaving reserves only about 0.22% above that baseline.