XRP Reserves on Upbit and Binance Slip to Multi-Month Lows

CryptoQuant data shows that XRP holdings on South Korean exchange Upbit have fallen to their lowest level since May, with the reserve now at about 6.43 billion XRP—a drop of roughly 85 million XRP (1.3 %). Upbit’s balance remains roughly 2.5 times larger than that of Binance.

Binance’s XRP reserves stand at approximately 2.60 billion XRP, about 200 million below the March peak and representing a five‑month low. The exchange‑supply ratio on Binance has slipped to 0.02605, indicating a reduced amount of XRP readily available for sale on the platform. Analysts note that large “whale” wallets account for 77.8 % of recent exchange outflows, shifting liquidity between centralized exchanges and private wallets. The token was trading near $1.14 at the time of the reports.