Binance’s XRP reserves just dropped to their lowest point this year, and everyone’s watching.
As supply on the exchange dries up, XRP’s price jumped 4.5%, heading straight for $1.50. That’s not just a random blip—there’s something happening under the surface.
Right now, Binance holds only about 2.5 billion XRP. Sellers are running out of ammo. When there’s less XRP sitting around on exchanges, you don’t see as much instant selling pressure.
People are starting to get bullish again, too. When supply gets tight and buyers start waking up, prices can take off fast. Sometimes way faster than anyone expects.
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nice report