Traders withdraw $11.4B XRP from Binance, reserves shrink to $3.6B
Binance’s XRP sell-side hasn’t refilled. Reserves sit near $3.6B, while cumulative netflows remain -$11.4B.
CryptoQuant sees a structural squeeze. Binance XRP reserves are ~$3.6B with net outflows of ~$11.4B. Coins left and stayed off-exchange, pointing to sustained self-custody, not a brief pullback (NewsBTC).
A thinner book means bigger moves on smaller buys. The report notes the venue’s capacity to absorb demand is lower as reserves compress (CryptoQuant). “Structural tightness is a condition, not a catalyst.”
Price action stays heavy. The article shows XRP near ~$1.35, ranging ~$1.25–$1.50, with 50D/100D MAs sloping down, muted volume, and lower highs, keeping the downtrend intact until $1.50 breaks with strength (NewsBTC).
- Binance XRP reserves about $3.6B source
- Cumulative netflows -$11.4B source
- Consolidation ~$1.25–$1.50, price ~ $1.35 source
