XRP Reserves Shifting Away from Binance Amid Korean Accumulation

XRP reserves are moving in different directions across major cryptocurrency exchanges, as Binance sees higher withdrawals while Korean platforms record deposits. This trend is playing out at a time when XRP trades at $1.37 amid recent struggles, with reserve data showing a growing gap between Binance and the Korean exchanges Upbit and Bithumb. For context, between Sept. 27 and Oct. 13, Binance’s XRP reserves fell by 101 million tokens. Over a similar period, Upbit and Bithumb added approximately 90 million XRP to their combined reserves, with their holdings rising between Sept. 23 and Oct. 13.

Source: The Crypto Basic