Binance's XRP reserves fell by 220 million tokens, or 8.18%, to 2.47 billion XRP between October 28 and 30, marking their lowest level since December 2022. Bybit's reserves declined by 20 million XRP, or 6.54%, to 286 million, while Bithumb's fell by 10 million to 1.837 billion, bringing the combined reduction across the three exchanges to 250 million XRP. Upbit moved against the broader trend, adding 20 million XRP to reach 6.44 billion. XRP also recorded $5.78 million in spot net outflows, although withdrawals do not necessarily indicate stronger demand or investor accumulation. The NVT ratio fell 54.77% in 24 hours to 54.69, indicating transaction activity had increased relative to market capitalization without confirming undervaluation. XRP defended $1.23 support and rebounded toward $1.24, but an RSI of 36.55, below its 40.19 moving average, and an MFI near 42.31 showed that buying momentum remained weak. Holding $1.2352 could allow buyers to challenge higher levels, while broader market volatility and recent losses continued to weigh on the recovery.