Amr Taha
XRP Binance Reserve Erases More Than Half of Two-Week Build-Up in Just Three Days
XRP reserves on Binance reversed sharply at the end of September, unwinding more than half of a roughly two-week buildup in just three days. From around Sept. 13 to Sept. 27, Binance’s XRP reserve climbed from approximately 2.60 billion to 2.70 billion XRP, an increase of roughly 100 million tokens. That buildup then reversed rapidly. Between Sept. 27 and Sept. 30, reserves fell from 2.704 billion to 2.647 billion XRP, a decline of approximately 56.88 million XRP, or 2.1%, in only three days. In other words, more than half of the roughly 100 million XRP added during the previous two weeks was removed from Binance reserves within just three days. The contrast in pace is notable: it took roughly two weeks for reserves to rise by around 100 million XRP, while nearly 57 million XRP—more than half that increase was erased in a fraction of the time. A sustained decline in exchange reserves can reduce the amount of XRP immediately available for spot trading, potentially tightening near-term supply and easing immediate sell-side pressure if the trend continues.