XRP exchange reserves drop as token holds key support level

CryptoVideos brief
Built from 2 sources 1 Nov 2026 · 10:29 UTC 1 min read Main editor: Earl Jacobson

Major cryptocurrency exchanges recorded a combined decline of 250 million XRP in reserves. Binance reached its lowest XRP balance since December 2022. Bybit and Bithumb also registered lower token balances. The Network Value to Transactions ratio fell by 54.77 percent. The token price held near the support area while daily technical indicators reflected ongoing selling pressure.

Key points

Binance recorded its lowest XRP balance since December 2022.
XRP defended the support area near 1.23 dollars.

Why it matters

Lower exchange reserves reduce the token inventory immediately available for trading and selling on major platforms.

Price context · XRP

At publication

$1.26

Now

$1.25

Change since

−0.79%

7 days · dashed line = publication

Sources · 2 publishers

AMBCrypto Tier 2 First report 31 Oct, 12:00 UTC

XRP exchange reserves drop by 250M tokens – Is a price recovery ahead?

Blockonomi Tier 3 10:12 UTC

XRP Price Holds $1.23 Support as Exchange Reserves Drop by 250M

Coverage timeline

Oct 31, 12:00First reported by AMBCrypto
Nov 1, 10:12Also reported by Blockonomi
Nov 1, 10:29CryptoVideos brief published

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error