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XRP tradable supply on Binance tightens as scarcity hits highest level since 2022.

Market News
06 Nov 2026, 04:05 WIB
Bitcoin
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Bullish
XRP tradable supply on Binance tightens as scarcity hits highest level since 2022.

XRP's tradable supply on Binance has tightened, with the scarcity gauge reaching approximately 2.1, the highest since 2022. This indicates a reduced amount of XRP available for trading, despite Binance's total XRP reserves increasing by 280 million in two days. The scarcity reflects a relative drop in circulating exchange supply, which could impact price if demand and buying activity increase. Meanwhile, large-holder withdrawals and wallet counts show active shifts in XRP holdings, suggesting growing interest and potential liquidity constraints on the exchange.

XRP is trading at Rp22.020 on Pluang as of Nov 06, 2026 09:22 WIB, down 7.44% in the last day. The market shows a strong sell sentiment with 66% of orders leaning that way. Typical holders keep XRP for about 73 days, indicating moderate-term investment interest despite recent supply tightening on Binance.

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