Ripple Reserves on Binance Fall to a Two Year Low

According to on chain data platform CryptoQuant, cited by Arzdigital, Ripple's average monthly reserves on Binance have fallen by about 500 million tokens since November, dropping from 3.1 billion to 2.6 billion XRP, the lowest level since February 2024. Analysts say part of the decline may reflect long term holders moving assets into private wallets, along with new institutional demand from XRP ETFs launched by firms such as Bitwise and Franklin Templeton in late 2025. Bitwise's XRP ETF held close to 364.8 million XRP as of the end of August 2026. XRP has risen about 8 percent this week and is now trading around $1.45. CryptoQuant described the falling exchange reserves as a moderately positive medium term signal, while cautioning that its direct, immediate effect on price in the short term is unclear.