Exchange Reserves

Exchange balances for XRP have dropped to their lowest level since 2018, according to Glassnode data from late December 2025. While this has fueled speculation of an impending price surge, historical patterns on Binance suggest otherwise, with past lows often preceding periods of stagnation or further declines rather than immediate rallies. The current tightening coincides with a 30% price drawdown and growing ETF inflows.