$XRP ($XRP) reserves on Binance have reached their highest level since November 2025. At the same time, on-chain metrics indicate whales may be stepping back into the market.
While rising exchange reserves may signal growing tradable supply, the return of positive whale flows suggests large investors could be absorbing that liquidity, pointing to a potential shift in $XRP’s market structure.
$XRP Binance Reserves Rise as Whale Flow Turns Positive
According to analyst Arab Chain, reserves of $XRP on Binance have climbed to around 2.78 billion tokens, reversing a decline that began in late 2025. Exchange balances had previously fallen from above 2.8 billion $XRP to roughly 2.55 billion by February, suggesting reduced tradable supply during that period.
“Structurally, a rise in reserves on exchanges is often interpreted as a potential increase in the tradable supply in the spot market, as a larger quantity of coins becomes available for immediate trading. However, this does not necessarily imply immediate selling pressure, as it can also reflect increased trading activity or investors positioning themselves ahead of potential market movements,” the analyst wrote.
$XRP Exchange Reserve on Binance."> $XRP Exchange Reserve on Binance. Source: CryptoQuant
Meanwhile, the more notable development may be on the demand side. $XRP’s Whale Flow 30-day moving average (30DMA) turned positive in March for the first time since November 2025, ending a four-month stretch of negative readings.
This metric tracks the net capital flow of large holders. A shift from negative to positive suggests whales have moved from net distribution to net accumulation. If sustained, that buying pressure could absorb much of the newly available exchange supply without weighing heavily on price.
$XRP Whale Flow."> $XRP Whale Flow. Source: CryptoQuant
These developments come as $XRP continues to rally alongside the broader market. BeInCrypto Markets data showed the altcoin climbed 10% over the past 24 hours, posting the highest gains among the top 10 cryptocurrencies by market capitalization.
$XRP Price Performance"> $XRP Price Performance. Source: BeInCrypto Markets
At press time, $XRP traded at $1.58, its highest price since mid-February. Whether the current whale re-entry can hold price at elevated levels or whether the rising exchange supply eventually creates overhead resistance may become clearer as the month progresses.
The post $XRP Whales Are Back, But Rising Binance Supply Raises a Key Question appeared first on BeInCrypto.
