Binance XRP Reserves at Lowest Since February as Ripple Price Defends Key Support
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Binance's XRP reserves have dropped to about 2.61 billion tokens, the lowest level since February, and the balance has remained at that level since early July, suggesting reduced CEX liquidity. XRP slid toward $1.06 while reserves drained but reversed to gain over 3% in the last 24 hours, a short-term bullish signal for token price dynamics and market impact in the crypto and DeFi ecosystem.
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Binance’s XRP reserves have fallen to about 2.61 billion tokens, their lowest level since February, and the balance has held there since the start of July.
And even though the Ripple token had been sliding toward $1.06 while those reserves were draining out, it reversed course in the last 24 hours, gaining over 3% in that period.
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