Altcoins News

Story: Binance Sees Significant Reduction in XRP Holdings

By Pankaj K

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Over the past year, Binance has experienced a noticeable reduction in its XRP holdings, with billions of dollars in the cryptocurrency moving off the exchange.

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On-chain data from Glassnode highlights that XRP's current market structure resembles that of early 2022 when prices significantly dropped. At that time, XRP prices fell from $0.

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Since mid-2025, the $2 price level has triggered substantial realized losses, according to Glassnode.

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Despite reaching a multi-month high above $2.40 earlier this month, XRP has recently declined, losing its $2 support and dropping to $1.84 before recovering to around $1.90.

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Additionally, U.S.-based XRP ETFs reported their largest outflows this week, with significant investor activity pulling back amidst rising global tensions and economic…

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In the context of market dynamics, analyst Egrag Crypto observes a pattern of compressed price action in the XRP/BTC pairing, alongside tight moving averages.

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The ongoing changes in XRP supply on exchanges and market conditions remain a focus for investors as they navigate the evolving landscape.

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The decline in XRP holdings on Binance coincides with broader market trends affecting cryptocurrencies.

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Furthermore, the interplay between XRP's price movements and investor sentiment is evident in the behavior of large holders.

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Despite the current price volatility, some analysts maintain an optimistic outlook for XRP. They point to the potential for increased adoption of Ripple's technology in…

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Egrag Crypto's analysis of the XRP/BTC chart underscores the importance of technical indicators in assessing market trends.

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Market analysts have noted that the shifting dynamics in XRP supply on exchanges like Binance could have broader implications for liquidity and trading strategies.

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In the context of market sentiment, the recent outflows from U.S.-based XRP ETFs, which reached record levels this week, underline the cautious approach investors are adopting.

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Furthermore, the psychological impact on XRP holders is becoming evident, as noted by Glassnode.

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The recent activity surrounding XRP has sparked discussions among market analysts about the potential implications for the cryptocurrency's future trajectory.

The Currency Analytics

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