XRP Liquidity Builds on Binance – What The 2.78B Reserve Spike Means

XRP has reclaimed the $1.50 level after several months of volatile and largely subdued price action, signaling renewed bullish activity in the market. The move marks one of the strongest short-term recoveries for the asset in recent weeks, as buyers return and traders begin reassessing XRP’s market structure after an extended consolidation phase. Related Reading: XRP Supply Tightens On Binance As Scarcity Index Signals Limited Liquidity While price momentum has improved, new on-chain data suggests that important shifts are also occurring in the supply dynamics on major exchanges. Recent data tracking XRP reserves on Binance, the largest cryptocurrency exchange by trading liquidity, indicates a notable increase in the amount of XRP held on the platform. According to the latest figures, XRP is currently trading near $1.50, while the total reserves of the asset on Binance have climbed to approximately 2.782 billion XRP. This represents the highest level of exchange reserves since November