XRP Reserves On Binance Drop To Lowest Level Since April 2025 – A $3.7B Drain

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NewsBTC • March 12, 2026 at 21:20 • Analysis
XRP is currently in a consolidation phase below $1.50 as the broader cryptocurrency market navigates uncertain momentum and limited liquidity. After experiencing significant volatility in recent months, price action has slowed. The asset is now moving sideways while traders monitor both macroeconomic conditions and underlying on-chain signals that could influence future market direction. Related Reading: The $2,050 Pivot: Ethereum Scarcity Index Turns Positive As Binance Supply Tightens While the spot price suggests relative stability in the short term, new blockchain data points to notable structural changes occurring beneath the surface. According to a recent report from a CryptoQuant analyst, XRP reserves on Binance have declined to their lowest level in roughly t...

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