\n
<\/p>\n
XRP reserves on Binance have climbed to roughly 2.6 billion tokens, their highest level since June, with the token trading above $1.50 today.<\/p>\n
The buildup is unfolding in the middle of a broader market rally, though a closer look at the exchange flows suggests the extra supply has more to do with trading turnover than a wave of holders lining up to sell.<\/p>\n
According to on-chain tracking from Arab Chain, Binance’s XRP reserves reached<\/a> their highest level since June, following a period of decline and a gradual recovery in recent weeks.<\/p>\n The platform’s balance has risen to approximately 2.68 billion XRP, leaving a larger volume of tokens available for spot trading.\u00a0But Arab Chain cautioned against treating the increase as an immediate sell signal.<\/p>\n “From a market dynamics perspective, a rise in reserves does not necessarily mean that XRP holders are preparing for an immediate sell-off; rather, it reflects an increase in the volume of coins held within the trading ecosystem, providing traders with greater liquidity,” the data provider wrote.<\/p>\n<\/blockquote>\n According to them, investors should watch this development alongside net flows, trading volume, and price action, particularly if reserves continue to climb.<\/p>\n Meanwhile, on-chain analyst Theophiluspep offered<\/a> a more detailed picture of the activity. He cited CryptoQuant data showing Binance’s average daily XRP deposits running 663% above the quarterly baseline during recent sessions, with withdrawals also increasing, leaving reserves only about 0.22% above that baseline.<\/p>\n That combination points to substantial two-way movement, rather than a one-sided build-up of inventory on the exchange.\u00a0Theophiluspep also reported that Binance netflows had turned slightly negative in the latest sessions, meaning withdrawals had begun to be more than deposits.<\/p>\n His focus is now on whether those outflows can become more sustained as XRP consolidates, or whether the recent activity settles back into high turnover.<\/p>\n At the time of writing, XRP was at around $1.53 per CoinGecko, up more than 4% in 24 hours and about 9.5% across seven days.\u00a0Still, it’s down 45% from where it was a year ago and almost 58% below its $3.65 all-time high recorded in July 2025, even though trading volume jumped 63% from yesterday to about $6.33 billion.<\/p>\n Meanwhile, its Relative Strength Index had moved<\/a> above 70, a level commonly associated with overbought conditions. And while that does not guarantee a pullback, it should add a cautionary signal as the price continues to recover.<\/p>\n The post XRP Reserves on Binance Hit 3-Month High as Price Breaks $1.50<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n\n
XRP Reclaims $1.50<\/h2>\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"XRP reserves on Binance have climbed to roughly 2.6 billion tokens, their highest level since June, with the…\n","protected":false},"author":2,"featured_media":36840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-47362","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47362"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/36840"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}