XRPthe native token of the XRP Ledger network (XRPL), saw its reserve supply Binance Falling to the lowest level in 5 months.
As of Thursday, July 16, the XRPL network showed up on Binance XRP Reserves have fallen to about 2,614,334,214 tokens, according to Updates from XRP Exchange Reserve – Binance SMA (7) A tool from CryptoQuant analyzed by Finbold on July 17. As such, Binance’s XRP reserves fell to the lowest level since February 27, 2026, a point when the exchange’s supply was increasing.
XRP reserves on this exchange have been declining since March 23, when supply peaked over the past five months. Historically, this decrease in XRP Binance supply indicates a shift in whale behavior.
Essentially, the historically low XRP reserves on this exchange indicate high demand from whale investors. As such, a decline in XRP whale selling could reinforce downward selling pressure for the token on the largest cryptocurrency exchange by average daily trading volume and registered global users, due to renewed demand.
What’s next for XRP price amid renewed demand on Binance
A notable decline in Binance XRP reserves over the past five months could indicate a potential recovery for the token in the near term. Furthermore, the decline in token supply on this exchange coincided with four out of five months of inflows into US XRP ETFs (exchange-traded funds), according to Metrics from SoSoValue.
During this period, when both XRP ETFs and Binance reserves indicated renewed demand, the price of the token fell to a new low. With the price of XRP trading at approximately $1.09 at press time, a potential recovery to $1.35 could occur with the emergence of Finbold Highlight Earlier today.
However, if Binance’s XRP reserves start to increase again, the altcoin could decline further in the near term, fulfilling the requirements. Feinbold Amnesty International XRP price prediction for the algorithm.
