- Binance XRP reserves drop to 2.71 billion tokens, a 12-month low, down ~300M since October.
- Four XRP spot ETFs (Canary, Bitwise, Grayscale, Franklin) post nine straight days of net inflows.
- Declining exchange supply hints at long-term holder accumulation, easing sell pressure on XRP.
The XRP Ledger is flashing bullish on-chain signals even as its price treads water around $2.20. On November 27, 2025, CryptoQuant dropped a bombshell: Binance’s XRP reserves have plummeted to a one-year low of 2.71 billion tokens, down from over 3 billion in mid-October. This ~10% drawdown isn’t isolated—exchange-wide XRP balances have shed 3.4% since early fall, per the analytics firm’s data.
Analyst Darfost at CryptoQuant called it a “more structured phase” for XRP, with the reserve cliff coinciding with explosive demand from freshly launched U.S. spot ETFs. Since November 14, products from Canary Capital, Bitwise, Grayscale, and Franklin Templeton have racked up nine consecutive days of positive net inflows, totaling hundreds of millions in fresh capital. SoSoValue metrics show these ETFs absorbing XRP at a clip that outpaces retail trading, funneling tokens straight from exchanges to institutional custodians.
This isn’t panic selling; it’s strategic accumulation. CryptoQuant’s charts reveal steady outflows from Binance wallets, with ~100 million XRP exiting in the past two weeks alone. Long-term holders—whales and institutions—are snapping up supply, reducing available liquidity on the order books. Historically, such squeezes precede rallies: Back in early 2025, a similar reserve dip propelled XRP from $1.50 to over $3.50 amid regulatory tailwinds.
Yet, XRP’s price action remains muted, hovering at $2.18–$2.22 after a 9% pop on ETF launch news. Traders eye resistance at $2.40–$2.50, where prior upside attempts fizzled. On-chain divergences scream opportunity: Withdrawing addresses are spiking, mirroring 2025’s bull leg, while Kaito Research ranks XRP second only to Bitcoin in liquidity and maturity metrics.
November has always been XRP’s golden month, averaging 88% gains. If ETF inflows persist and reserves keep draining, this supply crunch could ignite the next leg up—potentially erasing October’s dip and testing $3 by year-end. For Ripple loyalists, it’s validation: After years in SEC purgatory, XRP is finally graduating to Wall Street’s big leagues. The ledger’s efficiency for cross-border payments is resonating, but watch for macro headwinds like Bitcoin’s volatility. In crypto’s maturing playbook, less supply plus more demand equals one thing: Momentum.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
