According to a recent report from a CryptoQuant analyst, XRP reserves on Binance have declined to their lowest level in roughly ten months. The CryptoQuant report highlights a significant decline in the amount of XRP held on Binance, pointing to a notable shift in exchange liquidity. The total value of XRP reserves on the platform dropped to approximately $3.7 billion by March 10, marking the lowest level recorded since April 2025. Binance remains the largest cryptocurrency trading platform by volume, making reserve data from the exchange an important indicator for assessing market liquidity and potential selling pressure.
The decline has accelerated in recent days. In a previous update, Binance reserves were estimated at around $3.9 billion. Earlier in 2025, Binance reserves climbed above $10 billion during both January and July. Those periods were followed by sharp price corrections, with XRP eventually falling more than 60% and dropping below the $1.20 level.
Analysts often monitor exchange reserve metrics because they help estimate how much supply is readily available for immediate trading or selling pressure. Rising reserves generally indicate that more coins are moving onto exchanges, potentially increasing sell-side liquidity. Conversely, declining reserves can suggest that investors are withdrawing assets from exchanges and transferring them to private wallets or long-term storage.
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