XRP exchange supply is quietly making a comeback. $XRP reserves on Binance have reportedly climbed to around 2.68 billion XRP, the highest level in roughly three months, while XRP trades near $1.50. That is a notable reversal. Binance reserves had been declining for months before gradually recovering, meaning more XRP is now sitting directly on the exchange and available for trading. But I wouldn't immediately translate that into “whales are dumping.” Exchange reserves can rise for several reasons. Traders can move coins in to prepare for spot activity, market makers can rebalance inventory, or holders can simply reposition liquidity. The important part is what happens next. If Binance reserves keep climbing while exchange inflows increase and spot volume starts expanding, the extra supply could become a source of short term selling pressure. But if reserves rise while XRP continues holding around $1.50 and demand remains strong, the market may simply be absorbing the additional liquidity. Personally, I'm more interested in the combination than the reserve number alone. XRP reserves + netflows + spot volume + price action. That's the data I want to see together. Because 2.68B XRP sitting on Binance isn't automatically bearish. What matters is what those coins eventually do. #BTC Price Analysis# #Altcoin Season# #BNBChain#