$XRP
CryptoQuant analysts reported a rise in institutional interest in XRP.
Since October, 300 million XRP have been withdrawn from Binance.
The total reserves on the exchange have decreased to 2.7 billion XRP.
The withdrawal of the asset indicates an increase in long-term demand, experts noted.
The XRP ecosystem has become one of the most active in the market following the emergence of the first applications for spot ETFs based on the asset in the USA. This was stated by CryptoQuant analysts.
According to their data, starting from October, XRP reserves on exchanges have been steadily decreasing. In particular, at Binance, they have currently decreased to approximately 2.7 billion XRP — one of the lowest levels ever recorded on the platform. Since October 6, 2025, 300 million coins have been withdrawn from the exchange.
Experts believe that some transactions may be related to internal operations of the platform, however, they point to a persistent trend of outflow. Such dynamics are usually interpreted as a positive signal for the market: investors are withdrawing the asset to private wallets, planning to hold it long-term, the message states.