Binance XRP Reserves Fall $200 Million Amid Large Holder Withdrawals

XRP reserves on Binance plummeted significantly; approximately 200 million tokens were withdrawn from the platform over a period of ten days.

Highlights

• About 200 million XRP, worth around $284 million at the current price of $1.42, has been withdrawn from Binance, marking a significant drop from 2.75 billion to 2.55 billion tokens.
• XRP supply ratio fell from 0.027 to 0.025; CryptoQuant’s Darkfost terms it classic long-term holder behavior as tokens are moved to private wallets after a 40% YTD drop.

The pattern has been observed in past recoveries; however, the momentum remains fragile as Bitcoin is stuck below $70K, and earlier whale activities can trigger selling pressure.

XRP Reserves on Binance Take a Hit

XRP exchange reserves on Binance have declined over the past 10 days, with around 200 million tokens withdrawn from the platform. The token exchange supply ratio on Binance, the proportion of XRP’s total circulating supply on the exchange, marked a significant drop from 0.027 to 0.025. A steady downward trend has been recorded rather than a single-day activity.

Exchanges like Binance track asset movements between the trading platform and private wallets. Increasing reserves indicate holders are transferring assets to exchanges, which suggests that they are preparing to sell. On the other hand, declining reserves suggest withdrawals into private custody.

When investors withdraw from exchanges, it reduces immediate selling pressure, pointing towards a long-term holding strategy. This is mainly due to less accessibility as tokens are moved to private custody.

The movement is ill-timed as it coincides with the most difficult time for XRP holders. Since the start of this year, the asset has corrected by 40%. A decline pushed down to a 15-month low near the $1.00 level earlier this month.

The Ripple token was trading around $1.42, down 4.5% in the last 24 hours. It also recorded a 27% decline over the past month. XRP also fell by 44% over a year and currently sits 61% below its all-time high of $3.65 reached in July 2025.

However, the token has risen by 3% in the last week. It has outperformed the broader crypto market by recording a 1.4% gain over the same period. The daily trading volume increased by 6% to over $2.3 billion, indicating increased activity despite the price sliding downwards.

Market Sentiment Indicates a Different Scenario

Even though price pressure remains high, XRP continues to gain traction from investors and analysts. Rayhaneh Sharif-Askary, Grayscale’s head of product and research, said during Ripple Community Day that their clients frequently enquire about XRP and products related to the Ripple ecosystem.

A recent report from CoinShares revealed that XRP-linked funds drew around $33 million in inflows when major assets like Bitcoin and Ethereum faced a four-week period of outflows.

Additionally, market observers and traditional finance institutions have expectations about XRP’s performance in 2026. According to the banking giant, Standard Chartered, reported its year-end XRP price target reduced by 65%, from $8.00 to $2.80, a tactical shift from an ‘explosive growth’ narrative to one of measured recovery.

XRP Price Prediction

Currently, XRP is trading near $1.34-$1.41, indicating a correction of 40% since early January. If broader market demand improves and ETF adoption accelerates, the target price could range between $3.84 and $5.50. On the other hand, in a bearish condition, XRP would fail its support level at $1.30 and retest the $1.15-$1.20 demand zone.