Binance XRP Reserves Drop to Six-Month Low as Selling Pressure Eases

XRP Exchange Reserves on Binance Fall to Six-Month Low as Selling Pressure Eases

XRP is leaving Binance at a notable pace, pushing the exchange’s XRP reserves to their lowest level since July 2024, according to CryptoQuant data highlighted by CryptoOnchain.

CryptoQuant’s XRP Exchange Reserve metric shows Binance’s balance falling to around 2.6 billion XRP, down from levels above 3.0 billion XRP earlier in the year. The decline appeared to occur in waves, with the sharpest step down taking place in the last quarter as reserves slid toward roughly 2.68 billion.

The move stands out because it happened while XRP’s price continued to weaken, with the token trading around $1.85 after a prolonged pullback. The $1.80–$1.90 range is described as a key area to watch, with XRP hovering near important monthly and weekly support levels.

Falling exchange reserves are often interpreted as a reduction in “sell-ready” supply, since fewer coins are sitting on a trading venue where they can be quickly sold. In that context, the Binance outflows may indicate reduced sell-side pressure rather than active distribution, particularly during a period when price has already been correcting.

The Binance data is closely watched in this case because Binance is described as the largest venue for XRP trading. When balances fall on the biggest exchange, it can reflect a meaningful change in near-term liquidity available for potential sell waves.

Several interpretations cited alongside the data point to holders transferring XRP into private wallets or cold storage, a behavior typically associated with longer-term custody. At the same time, the broader market context remains cautious: XRP has faced a difficult stretch, including a multi-month downtrend and a decline of about 7% since the start of 2025, amid continued selling pressure referenced in the source material.

• What happened: Binance’s XRP reserves fell to their lowest level since July 2024, near 2.6 billion XRP.
• Why it matters: Lower exchange balances can mean fewer tokens are immediately available to sell, potentially easing short-term selling pressure.
• Broader context: The reserve decline occurred while XRP remained under pressure, trading near $1.85 and testing the $1.80–$1.90 zone.