XRP Reserves on Binance Drop 300M Tokens From Mid-2025 Peak
Binance's XRP reserves have declined 300 million tokens since mid-2025, dropping to 2.75 billion as the exchange supply tightens. The decline mirrors a sharp price correction from XRP's July 2025 all-time high of $3.65.
Key Takeaway
Lower exchange reserves during price weakness signals accumulation, but bears stay in control until demand returns.
Binance held 3.05 billion XRP tokens at its peak in mid-2025, according to CryptoQuant data. That figure has since dropped to 2.75 billion.
The reserve decline tracked a brutal price correction. XRP hit an all-time high of $3.65 in July 2025, then collapsed to $1.38 today. The exchange supply bottomed near 2.55 billion tokens in early 2026 when price traded around $1.25.
Crypto writer Scott Matherson said the dwindling exchange supply doesn't fully confirm a bullish turn, but warned it could be dangerous for bears if demand returns while exchange liquidity keeps thinning out. Tokens leaving a centralized exchange exit what is effectively a sell-ready pool, which is a constructive sign when it happens during price weakness.
The SEC reclassified XRP as a commodity in August 2025, resolving Ripple Labs' legal battle. Asset managers including Grayscale, Bitwise, Franklin Templeton, 21Shares, WisdomTree, and CoinShares have pending spot XRP ETF filings. Spot XRP ETFs recorded ₱5.02 billion ($81.59 million) in net inflows during April, the highest monthly figure this year.
This article was written based on reporting from Bitcoinist.
