The reserve peak coincided with a $3.50 price zone, reflecting heavy inflows and active distribution. Both reserves and price then dropped sharply into early 2026, with reserves bottoming near 2.55 billion and price near $1.25.
The reserve peak aligned with selloffs in the months after the XRP price reached an all-time high of $3.65 in July 2025, showing heavy inflows and active distribution taking place at the time. Both the Binance reserves and XRP price then dropped into early 2026, with reserves reaching the lowest around 2.55 billion XRP tokens and the price below $1.20.
Falling Exchange Reserves Can Be Bullish For XRPA falling exchange reserve is a constructive sign when it happens during a period of price weakness. When tokens leave a centralized exchange, they exit what is effectively a sell-ready pool. Every XRP sitting on Binance is one transaction away from hitting the order book. When XRP moves to a private wallet, it leaves that sell-ready pool entirely.
