BTCC / BTCC Square / Binance News /
Binance XRP Reserves Hit 2.73 Billion as Supply Shock Looms

Binance XRP Reserves Hit 2.73 Billion as Supply Shock Looms

Published:
2025-04-21 07:13:34
7
2

The supply of Ripple (XRP) on exchanges has plummeted to a critical low, mirroring levels last seen in July 2023, as investors increasingly move tokens into private wallets. Binance, the largest holder, now has 540 million fewer XRP tokens than in late 2024, signaling potential bullish momentum ahead.

Will XRP Price See Bullish Reversal As Supply On Exchanges Dry Up

The supply of Ripple (XRP) has seen a substantial drop, potentially resulting in a supply shock and price reversal. The XRP tokens reserved on exchanges declined to 2.73 Billion, a low point also seen in July 2023. Binance, in particular, holds 2.73 Billion XRP tokens, which is 540 Million less than the late 2024 figure of 3.27 Billion. This decrease suggests investors are transferring tokens into private wallets for long-term storage, resulting in decreased market selling. The continuous decline in XRP supply could trigger a supply shock, leading to an upward price reversal for XRP.

Pectra And Fusaka: The Updates That Could Save Ethereum

According to a recent analysis by Binance Research, the upcoming Ethereum upgrades, Pectra (May 2025) and Fusaka (late 2025), aim to solve Ethereum’s scalability issues. These technical improvements are essential for Ethereum to remain competitive in the blockchain market against rivals like Solana and BNB Smart Chain, which are gaining ground thanks to their lower fees and faster transactions.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users