XRP Exchange Reserves Near 2026 High as Binance Traders Cut Leverage

TL;DR XRP exchange reserves reached 11.81 billion tokens on October 17 , approaching the highest levels recorded in 2026. Binance XRP open interest fell 15.8% , dropping from $538.1 million on October 4 to $453 million, signaling reduced exposure to leveraged positions. Elevated reserves may indicate potential selling pressure, but declining leverage can also reduce liquidation risks and create conditions for a more stable market recovery. XRP exchange reserves are approaching their highest levels of 2026 as traders reassess their exposure following weeks of volatile price action. Data from CryptoQuant puts the combined XRP balance across major exchanges at 11.81 billion tokens on October 17 , keeping the amount of readily accessible supply near its annual peak. The development presents a mixed picture for XRP.

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