XRP News Today: Binance Boosts XRP Reserves by 59M Amid Price Drop and Legal Uncertainty

Binance has significantly increased its holdings of XRP, Ripple’s native token, according to its latest proof-of-reserves report dated August 1, 2025. The report, shared by crypto analyst TheCryptoBasic on social media, shows that Binance now holds 2.754 billion XRP in reserve—exceeding the 2.675 billion XRP held in user deposits by a reserve ratio of 102.96%. This marks a 59 million XRP increase from July 2025, despite a price decline from $3.66 to $2.94 over the same period. The move highlights continued institutional interest in XRP, even amid market volatility [1].

The increased reserve ratio for XRP contrasts with recent outflows from whale wallets, which on July 20 saw the sale of 640 million XRP tokens, valued at approximately $340 million, raising concerns about potential downward pressure on the asset. However, the token has since found support and shown signs of recovery, suggesting that significant buyers, possibly institutional actors, are stepping in during price dips [3]. Analysts have noted that Binance’s accumulation could be a sign of confidence in XRP’s future potential, despite ongoing legal uncertainties surrounding Ripple and the SEC [6].

Bitcoin remains the largest asset in Binance’s reserves, with a holding ratio of 102.96%. The exchange holds 608,639 BTC in reserve against 591,163 BTC in user deposits. Both reserves and user deposits have increased from the previous month, indicating a growing reliance on Binance for Bitcoin storage and transactions. TheCryptoBasic pointed out that increased BTC inflows to exchanges can often precede selling pressure, potentially contributing to recent price corrections following Bitcoin’s record high in July [1].

Binance Coin (BNB) also saw a notable increase in reserves, with 44.46 million BNB in reserve compared to 39.79 million in user deposits, yielding a high collateral ratio of 111.74%. Ethereum deposits and reserves were similarly aligned at 4.55 million and 4.58 million ETH respectively, with a 100.67% ratio. For stablecoins, Binance continues to maintain strong reserves, particularly in USDC, where it holds 8.15 billion tokens against user deposits of 5.22 billion, resulting in a 156% reserve ratio—the highest among major tokens [1].

The accumulation of XRP and other tokens by Binance is part of a broader strategy to diversify and strengthen its asset base, ensuring it can meet user demand while maintaining financial stability. The increased reserve ratios for major assets signal a proactive approach to liquidity management and user trust, particularly in the wake of the 2022 FTX collapse. This approach also aligns with Binance’s public support for altcoins like ETH and SOL, which are being positioned for strategic growth within the exchange’s ecosystem [2].

Despite the recent accumulation, the XRP market remains influenced by large whale activity and legal uncertainties. The resilience of XRP’s price, combined with Binance’s growing holdings, suggests a cautious but optimistic outlook for the token. However, analysts caution that large-scale movements in the market remain possible depending on regulatory actions and major holder behavior [3][6].

Source:

[1] Binance Increases Its XRP Holdings: Here Are Other Tokens They Are Accumulating (https://coinmarketcap.com/community/articles/6894650ac4aa384a36ed20f4/)

[2] 4 High-Conviction Altcoins Worth Holding Right Now (https://www.binance.com/en/square/post/27966159272049)

[3] XRP Price: Will Massive Whale Selling Push Token Back to $2? This Level is Key (https://coincentral.com/xrp-price-will-massive-whale-selling-push-token-back-to-2-this-level-is-key/)

[6] $60M XRP Coin Move Stirs Chaos: Exit Liquidity Or Power Play? (https://dailycoin.com/60m-xrp-ripple-move-stirs-chaos-exit-liquidity-power-play/)