XRP
XRP Exchange Reserves Reach Yearly High at 11.8 Billion Tokens
CryptoQuant data shows XRP balances on trading platforms have reached their 99th percentile for the year following a substantial leverage reset.
XRP balances across centralized exchanges have climbed to approximately 11.81 billion tokens, placing reserves in the 99th percentile over the past year, according to CryptoQuant data. The buildup of exchange-held supply has raised concerns over potential selling pressure as the token trades around $1.30 to $1.31, following a recovery from recent lows between $1.25 and $1.29.
The reserve expansion coincided with a leverage flush on Binance, where open interest fell 15.8% to $453 million and long liquidations totalled $25.7 million on October 7 and 8. Funding rates briefly turned negative as speculative long positions closed, and XRP dropped from roughly $1.52 to $1.29. Binance’s own XRP reserves remain in the 30th percentile, indicating the reserve accumulation is concentrated on other trading venues.
While high exchange reserves historically increase the pool of immediately sellable tokens, the report notes that elevated balances do not guarantee further downside. Potential counterweights include institutional demand, corporate treasury holdings, and on-chain activity, with analyst Ali Martinez noting a rise in XRP Ledger volume near the $1 mark.
These two are not the same thing, and one does not produce the other. The left is how this single article reads, from its tone alone. The right is the site’s own call on the asset, from indicators and analysis. Press tone feeds no score and no signal: on the only corpus this site has measured, daily tone tracked the move that had already happened and showed no measurable link with what followed.
More on XRP All pieces →
- Sell XRP Slides to $1.32 Amid Long Liquidations and Rising Exchange Inflows
- Neutral XRP Ledger Wallets Reach Record 8.24 Million as Daily User Growth Accelerates
- Neutral XRP Retains 63% Deficit From Peak as Token Supply and ETF Flows Weigh
- Sell XRP Tests $1.30 Support After Repeated Rejections Near $1.40 Resistance
Rewritten from the headline, the teaser and the one-line summary the qualification step produced — that is all the material there is, and nothing is added to it. The source link is kept on file so any item can be checked, and is not published here.
