Bithumb’s XRP Reserves Fell 10 Million Tokens Over Oct. 28–30

Bithumb’s tracked XRP reserves fell by 10 million tokens from Oct. 28 to Oct. 30, while Binance’s balance dropped 220 million to its lowest level since December 2022. Binance’s reserve balance moved from 2.69 billion XRP to 2.47 billion over the period, an 8.18% decrease. Both exchanges recorded lower tracked balances during the same date window. Reserve totals show how much XRP is held on exchange platforms, but a lower figure alone does not identify where tokens went or why, or indicate whether holders plan to sell.

Source: TokenPost