XRP, the native token of the XRP Ledger (XRPL) network, has seen its reserve supply on Binance plunge to a 5-month low.
As of Thursday, July 16, the XRPL network has shown a Binance XRP reserves drop to about 2,614,334,214 tokens, according to updates from XRP Exchange Reserve – Binance SMA (7) tool from CryptoQuant analyzed by Finbold on July 17. As such, Binance’s XRP reserves have dropped to the lowest level since February 27, 2026, a phase when the exchange’s supply was increasing.
XRP Exchange Reserves SMA (7) chart. Source: CryptoQuantThe XRP reserves on this exchange have been declining since March 23, when the supply peaked over the past five months. Historically, such a decline in XRP Binance supply has signaled a shift in whales’ behavior.
Essentially, a decline in XRP reserves on this exchange has historically signaled a rising demand from whale investors. As such, the reduced XRP whales’ sell-off could bolster reduced selling pressure for the token on the largest cryptocurrency exchange by daily average traded volume and registered global users, due to renewed demand.
What’s next for XRP price amid renewed demand on Binance
The notable Binance XRP reserves drop over the past five months could indicate a potential rebound for the token in the near term. Furthermore, the reduced supply of the token on this exchange has coincided with four out of five months’ inflows in the U.S. XRP ETFs (exchange-traded funds), as per metrics from SoSoValue.
During this period, when both XRP ETFs and Binance reserves signaled renewed demand, the token’s price declined to a fresh lower low. With XRP price trading at approximately $1.09 at press time, a potential rebound to $1.35 could happen as Finbold highlighted earlier today.
XRP/USD 6-month chart. Source: FinboldHowever, if Binance’s XRP reserves start to increase again, the altcoin could drop further in the near term, fulfilling the Finbold AI algorithm’s XRP price forecast.
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By Finbold | Created at 2026-07-18 17:23:53 | Updated at 2026-08-03 22:12:41
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