Between 2024 and early 2025, centralized crypto exchanges collectively held well above 3 billion XRP in their reserves. That figure has since fallen to the 2 billion XRP range in late 2025, with some brief spikes that were quickly reversed. Interestingly, the most recent data shows that exchange balances have fallen further at the beginning of 2026.
However, XRP balances on Binance were still elevated as 2025 came to a close, holding steady above 2 billion XRP tokens through the final trading days of the year. At the time of writing, on-chain data from CryptoQuant shows that the total XRP has dropped to about 1.85 billion tokens, down from roughly 2.65 billion XRP on December 31, 2025. That represents an exit of nearly 800 million XRP from the exchange within the first five days of 2026.
Glassnode Data Shows Even Fewer Tokens On ExchangesReacting to the data, the account noted that only 1.44 billion XRP is left on crypto exchanges. The chart shows a steep drop in XRP reserves from above 1.53 billion XRP to 1.44 billion XRP within the most recent trading sessions.
