XRP Binance Reserves Drop 500M as Price Slips Below $1.38

NewsTue, 08 Sep 2026 08:00:45 UTC4 hours ago
XRP Binance Reserves Drop 500M as Price Slips Below $1.38

Something odd is happening beneath XRP’s price chart. While the token itself has drifted lower over the past week, a steady stream of coins has been quietly leaving Binance, and the size of that outflow is now large enough to raise real questions among traders. The XRP Binance reserves drop has become one of the more closely watched signals in the market, as analysts try to figure out whether it points to long-term accumulation or simply routine exchange bookkeeping.

Key takeaways

  • Binance’s average XRP reserves fell from roughly 3.1 billion in November 2025 to around 2.6 billion, a drop of about 500 million tokens in under a year, according to analyst Darkfost citing Cryptoquant data.
  • XRP slipped nearly 2% over the past week and was trading near $1.38, still far below its all-time high of $3.84.
  • Analyst Ali Martinez flags the $1.31-$1.38 range as a critical support zone, noting more than 4.8 billion XRP were previously bought around that level.
  • Spot XRP ETFs pulled in over $105 million in purchases last week, while analyst CW puts XRP’s accumulation score at 90.

Significant Decline in Binance XRP Reserves

Binance’s XRP reserves have sunk to their lowest average level since February 2024, according to analyst Darkfost, who cited data from Cryptoquant. That decline is the core of the current story: fewer coins sitting on the exchange typically means fewer coins immediately available for sale, which changes the supply dynamics traders watch closely.

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