XRP slips ~0.5% in 24h as 200m tokens exit Binance over ten days.
Summary
- Binance’s XRP exchange supply ratio fell from 0.027 to 0.025 in ten days, implying about 200m XRP moved off the platform into private custody.
- XRP trades near $1.43, down roughly 0.5% on the day, with about $2.2B in 24h spot volume as centralized‑exchange balances sit near multi‑year lows.
- 2025 reserve data show the current withdrawal wave has already surpassed last year’s net accumulation, reinforcing a structural trend toward self‑custody and reduced immediate sell‑side liquidity.
XRP (XRP) exchange reserves on Binance have declined over the past ten days, with approximately 200 million tokens withdrawn from the platform.
The token supply ratio on Binance, which measures the proportion of XRP’s total circulating supply held on the exchange, dropped from 0.027 to 0.025 during the period, the data showed. The metric displayed a steady downward trend rather than a single-day movement, according to the analysis.
Exchange reserve data tracks the movement of digital assets between trading platforms and private wallets. Rising reserves typically indicate holders are transferring assets to exchanges, often in preparation for selling, while declining reserves suggest withdrawals into private custody.
XRP price headwinds
The recent outflow appears to reflect user-driven movement rather than internal exchange reallocation, which cited transparency in Binance’s published custody addresses as enabling distinction between operational adjustments and organic withdrawals.
XRP has declined significantly since the beginning of 2025. Sustained exchange outflows following price corrections have historically indicated renewed investor interest at lower price levels, according to market observers.
When digital assets leave exchanges, the immediately available supply for selling on trading platforms decreases. While reduced exchange supply does not guarantee price increases, it can affect market structure if demand returns, according to market analysts.
The current level of token withdrawal has already exceeded the total accumulation seen throughout 2025, the data indicated.
Market participants continue to monitor whether the shift toward private storage will translate into price momentum or remain a structural change in holding patterns.
Read the full article here