500 Million XRP Leaves Binance: A Major Supply Shift Unfolds

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500 million XRP has left Binance, and the shift is drawing real attention. Binance’s monthly average XRP reserves have fallen from 3.1 billion in November 2025 to 2.6 billion now.

That’s the lowest level since February 2024, according to CryptoQuant’s chart, shared by analyst Darkfost.

500 Million XRP Leaves Binance: A Major Supply Shift Unfolds — *Image Via CryptoQuant.*

Techgaged tracked an earlier stage of this same trend back in August, when XRP whales pulled 231 million tokens off Binance in a single stretch.

What Darkfost Is Saying

Darkfost called the decline “a relatively positive signal for XRP.” He added a caveat, though.

The dynamic matters more for the long term than for short-term price action.

Falling reserves usually mean investors are pulling coins into private custody.

Rising reserves usually mean more coins are ready to sell. This pattern has held steady across recent quarters.

The Numbers Behind the Move

The decline happened even as XRP dropped hard. Price fell 63% from its 2025 peak of $3.66 down to around $1.34. Reserves kept shrinking anyway. That decoupling matters.

It suggests holders moved coins off Binance regardless of price weakness, not because of a rally. Spot XRP ETFs may have played a role too.

They launched in November and December 2025. US spot XRP ETFs pulled in $130.50 million in weekly inflows recently, taking total inflows to roughly $1.68 billion.

XRP’s Price Amidst the Binance Saga

XRP traded at $1.32 on September 2, 2026. That’s down 6.4% over seven days. The chart shows a rough stretch.

Price spiked toward $1.45 on August 28. It dropped into the $1.35 to $1.40 range through August 29 to 31. It slid further to $1.32 by September 2.

This dip is happening at the exact moment the reserve data is turning bullish on paper.

That resistance zone lines up with a pattern Techgaged flagged back in July, when XRP kept testing the same ceiling analysts had been watching for weeks.

What History Suggests

A similar setup played out in February 2024. XRP traded near $0.52 at the time. It climbed to around $0.78 within two to three weeks.

That was a gain of more than 50%. Reserves were falling then too. Whether this repeats is far from guaranteed.

Reading the Bigger Picture

A price dip paired with shrinking exchange supply is an unusual combination. It typically favors buyers once selling pressure fades, and the reserve trend here has now held steady for nine straight months. That kind of stretch is rare.

Techgaged noted something similar back in March, when XRP sentiment hit its third-worst reading in two years right before a rebound took hold.

If this reserve trend holds through September, it becomes one more data point pointing the same direction.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. The views expressed are based on publicly available data, market observations, and the author’s interpretation at the time of writing. Cryptocurrency markets are highly volatile and unpredictable, and past performance or current technical setups do not guarantee future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. TechGaged does not accept liability for any losses incurred based on the information presented.

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