In the first seven days of 2026, the total amount of XRP on major cryptocurrency exchanges decreased by approximately 22 million (0.14% of the total). The most notable declines have been seen on South Korean platforms Upbit and Bithumb.
However, please note that this did not occur on all exchanges. In fact, the XRP balance on Binance, which boasts the world’s largest trading volume, has increased.
nevertheless, Increase in Binance Not enough to overcome the decline of other major exchangesas shown in the following chart from XRPScan Explorer shared by trader Leo Hadjiloizou.
Even if the reduction is small, Represents a positive signal for the price of XRP It currently sits at $2.07 and is fighting historic resistance.
This withdrawal of XRP from exchanges indicates that there is less potential selling pressure. If your crypto holdings decrease on an exchange, it could mean that investors are moving their crypto from the exchange to their wallets.
As reported by CriptoNoticias, this is happening against the backdrop of a price recovery not only for XRP but also for Bitcoin (BTC) and cryptocurrencies in general. However, there has been a slight decline over the past three days, highlighting the caution and uncertainty in the market.
(Tag Translation) Altcoin
