XRP reserves on Binance fall to lowest level since 2022 as exchange supply shrinks

XRP reserves held on Binance have fallen to their lowest level since 2022, part of a broader decline in XRP supply across major exchanges. Shrinking exchange balances typically suggest holders are moving coins off-platform rather than preparing to sell. Traders often read this as a sign of intact demand and reduced near-term sell pressure despite recent price volatility.