Between September 27 and 30, Binance decreased its XRP reserves by about 57 million tokens, reversing over half of the increase seen since September 13. The reserves had risen from 2.60 billion to 2.70 billion XRP but then dropped to 2.647 billion, a 2.1% decline in three days. This reduction coincided with daily XRP outflows exceeding 320 million tokens in large transactions, similar to a previous spike in August that led to a significant price increase. Meanwhile, derivatives activity on Binance declined, with open futures positions falling 15.3% from a six-month high and long liquidations averaging $3.72 million daily, indicating reduced speculative interest.
As of Oct 02, 2026 11:31 WIB, XRP trades at Rp27.329 on Pluang with a 1-day gain of 1.65%. The market cap stands at Rp1.698,2 trillion, supported by a circulating supply of 63.1 billion XRP. Despite Binance's recent reduction in XRP reserves, Pluang's order activity shows a strong buying interest at 64%, with typical holders keeping XRP for about 71 days.
XRP's price is consolidating near $1.54, caught between rising buyer support and seller resistance. A decisive break above $1.54 could lead to a recovery toward $1.70 or higher. Institutional demand from Evernorth, planning to list XRP on Nasdaq with...
Clients of Bitwise and Franklin Templeton's US spot XRP ETFs purchased $7.24 million worth of XRP, continuing a steady inflow trend. Since their launch in November 2025, these ETFs have attracted nearly $1.79 billion in total inflows, offering invest...
XRP trader sentiment has dropped to its lowest level since mid-August, with bearish views dominating social media despite a recent price rally. Data from Santiment shows the positive-to-negative comment ratio for XRP has fallen to 0.67, indicating st...
Evernorth has agreed to issue $30 million in convertible senior PIK notes, but this financing will only be completed if its SPAC merger with Armada Acquisition Corp. closes successfully. This means the funds intended for purchasing XRP depend entirel...
Ripple completed its October escrow routine by locking 700 million XRP worth over $1.4 billion back into escrow wallets shortly after unlocking 1 billion XRP. This regular monthly process aims to maintain predictable XRP supply flows and manage circu...
