Cryptocurrency analysis firm CryptoQuant reported a notable divergence in $XRP reserves on the main stock exchanges. According to the data, Upbit’s $XRP Reserves have fallen to their lowest level since May, while Binance’s reserves remain at around 200 million. $XRP Below the peak recorded in March.
The amount of $XRP held on Upbit fell to around 6.43 billion $XRPreaching its lowest level since May. Stock market reserves peaked at around 6.515 billion $XRP on May 30. As a result, Upbit $XRP The balance decreased by around 85 million $XRPor 1.3 percent, since that peak.
Upbit $XRP Reserves remain at a high level compared to other major exchanges examined. According to current data, Upbit holds approximately 2.47 times the amount of $XRP held on Binance.
Binance $XRP Reserves amounted to approximately 2.60 billion $XRP As of July 24. This amount is 200 million $XRPor about 7.1 percent, below the 2026 peak of about 2.80 billion $XRP Recorded March 17.
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Bithumb’s $XRP the reserve was also measured at around 1.83 billion $XRP. This level is close to the reserve amount recorded by the stock exchange on May 30. Thus, a significant divergence emerged between the three exchanges. While Upbit’s reserve fell to its lowest level in several months, Binance remained below its March peak and Bithumb returned to its levels in late May.
CryptoQuant said that given the relatively high levels of Upbit and Bithumb $XRP Among the exchanges examined, the evolution of reserves on these platforms offers important indicators to evaluate $XRPthe liquidity structure from stock exchanges.
However, the company stressed that the decrease in reserves does not necessarily mean that $XRP is removed from personal wallets.
*This does not constitute investment advice.