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XRP exchange reserves hit a yearly high, raising short-term selling pressure concerns.

Market News
19 Oct 2026
BeInCrypto
View Source
Neutral
XRP exchange reserves hit a yearly high, raising short-term selling pressure concerns.

XRP exchange reserves have climbed to 11.81 billion tokens, the highest level in a year, signaling increased short-term selling risk. This rise coincided with a leverage reset on Binance that reduced speculative long positions and eased derivatives market pressure. XRP is currently trading near $1.31, with analysts watching if it can hold the $1.25 support level amid shifting on-chain activity and exchange flows. The key factor going forward is whether these tokens remain on exchanges or move to private wallets, which will influence future price stability or volatility.

XRP trades at Rp23.323 on Pluang, up 1.78% as of Oct 19, 2026 21:41 WIB, showing moderate buying interest with 51% buy orders. Despite the article's focus on rising exchange reserves signaling selling risk, XRP's market cap remains strong at Rp1.491,88 trillion with a 24-hour volume of Rp32,28 trillion. This activity suggests that while exchange reserves hit a yearly high, Pluang users maintain a balanced trading stance with a typical hold time of 72 days.

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