XRP Supply Shock Looming as Binance and Upbit Reserves Plunge – Is a $25 Price Surge Coming?
XRP reserves have taken a serious hit across major crypto exchanges, and the numbers are raising eyebrows. Over $12.4 billion worth of XRP has disappeared from platforms like Binance, Upbit, Bitfinex, and Bybit in just one week. That’s more than 5.7 billion XRP, nearly 10% of the total circulating supply, gone from the market.
This massive shift was first reported by analytics firm CryptoQuant. Among the exchanges, Upbit saw the most dramatic drop. On June 18, the South Korean platform held over 6 billion XRP.
As of this week, that number has plunged to just 1.08 billion. That’s a 4.98 billion XRP decrease in less than seven days. Binance also lost about 617 million XRP, while Bybit and Bitfinex saw smaller outflows.
What’s behind the withdrawals? Typically, when investors pull large amounts of crypto off exchanges, it means they’re moving funds to cold wallets for long-term holding.
This reduces the amount of XRP available for trading, which lowers selling pressure. That’s often a positive sign for XRP price if demand stays strong.
#XRP Supply Shock Looming as Top Exchanges like Binance and Others See Massive $12.4B+ Drop in XRP Reserves. #Ripple🧵🧵🧵 pic.twitter.com/ctMX37c2U1
— TheCryptoBasic (@thecryptobasic) June 25, 2025
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The XRP community has taken notice. Analyst Mr. Xoom flagged the large outflows, especially from Upbit. Market commentator Remi Relief even suggested this could trigger a “supply shock,” potentially pushing XRP to prices between $25 and $75. That kind of jump would depend on whether these tokens stay off exchanges and if new buying interest comes in.
However, not everyone is ready to call this a bullish breakout just yet. No large on-chain transfers have been detected by Whale Alert, and XRPScan hasn’t flagged anything out of the ordinary. This has led to speculation that the drop could be due to internal exchange movements or wallet rebalancing.
Still, the scale of the withdrawal is hard to ignore. If these were true user withdrawals, it may show rising confidence in XRP long-term potential. While the XRP price has stayed around $2.17, the setup could lead to bigger moves if this trend continues. For now, traders are watching closely.
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