Binance XRP Reserves Drop to Multi-Month Low as Exchange Outflows Accelerate - Coinedict

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XRP reserves on Binance have fallen to a multi-month low, signaling accelerated outflows from the exchange, according to data shared by InvestWithD on December 19.

The decline indicates that more XRP is being withdrawn than deposited, reducing the amount of readily available supply on the trading venue. Such movements are often watched closely by traders, as shrinking exchange balances can influence short-term liquidity and execution conditions.

If the trend continues, lower on-exchange reserves could tighten immediate sell-side supply, potentially increasing sensitivity to demand shifts. Market participants will now monitor whether XRP balances stabilize or continue to decline in the coming days, along with any additional data clarifying the pace and drivers of the outflows.

XRP1,35%
MULTI-2,26%
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