Binance’s XRP reserves fall to lowest since 2024 as token tests $1.27 support
On-chain data shows Binance's XRP reserves fell from ~3.1B to ~2.6B since Nov 2025, a multi-year low, implying sustained net withdrawals during a 63% drawdown from the 2025 peak. The move may reflect self-custody/accumulation and spot XRP ETF-related sourcing, though some could be operational. With XRP consolidating near key weekly EMAs, shrinking exchange supply is a longer-horizon tailwind but near-term positioning remains balanced.
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On-chain data show Binance’s XRP reserves have fallen to their lowest level since 2024. From November 2025 to now, the exchange’s XRP balance dropped from 3.1 billion to 2.6 billion tokens, a net outflow of about 500 million. The decline persisted as XRP slid 63% from a $3.66 peak to around $1.35. XRP is now testing support near its 20-week EMA around $1.27, with resistance at the 50-week EMA.