Binance’s XRP (XRP) Reserves Hit Lowest Level Since December 2022

Binance’s tracked XRP (XRP) reserves fell by 220 million tokens in two days to 2.47 billion on Oct. 30, reaching their lowest level since December 2022. The balance declined from 2.69 billion on Oct. 28, a drop of 8.18%. The Oct. 30 reading also appeared in an earlier reserve snapshot . A lower tracked balance means fewer XRP were held in Binance’s reserves at the later reading. The change alone does not establish whether tokens were sold, moved into custody or transferred elsewhere. Balances moved in different directions across other exchanges over the same dates.