XRP Reserves on Binance Hit 3-Month High as Price Breaks $1.50

XRP reserves on Binance have climbed to roughly 2.6 billion tokens, their highest level since June, with the token trading above $1.50 today.

The buildup is unfolding in the middle of a broader market rally, though a closer look at the exchange flows suggests the extra supply has more to do with trading turnover than a wave of holders lining up to sell.

Binance Reserves Climb, But Data Tells Two Slightly Different Stories According to on-chain tracking from Arab Chain, Binance’s XRP reserves reached their highest level since June, following a period of decline and a gradual recovery in recent weeks.

The platform’s balance has risen to approximately 2.68 billion XRP, leaving a larger volume of tokens available for spot trading. But Arab Chain cautioned against treating the increase as an immediate sell signal.