XRP reserves on Binance reach 2.68 billion as token retakes $1.50

  • Binance increased its XRP reserves to approximately 2.68 billion tokens.
  • 663% above baseline, average daily deposits exceeded Binance’s quarterly XRP deposit level.
  • XRP traded around $1.53, while Binance netflows turned slightly negative in recent sessions.

XRP reserves on Binance have climbed to roughly 2.6 billion tokens, with detailed on-chain data putting the balance at approximately 2.68 billion, the highest level since June. XRP was trading around $1.53, above $1.50, after rising more than 4% in 24 hours and about 9.5% over seven days. Arab Chain said higher reserves do not necessarily indicate an immediate sell-off and may instead reflect greater liquidity within the trading ecosystem. CryptoQuant data cited by on-chain analyst Theophiluspep showed average daily XRP deposits running 663% above the quarterly baseline during recent sessions, while withdrawals also increased, leaving reserves only 0.22% above that baseline. Binance’s latest netflows turned slightly negative, meaning withdrawals exceeded deposits, although it remains unclear whether the outflows will persist or activity will revert to high turnover. Trading volume rose 63% from the previous day to about $6.33 billion. XRP remains down 45% from a year earlier and almost 58% below its $3.65 all-time high recorded in July 2025. Its Relative Strength Index (RSI), a momentum indicator, moved above 70, a level commonly associated with overbought conditions that can serve as a cautionary signal without guaranteeing a pullback.

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