XRP Reserves on Track to Hit 2026 High: What's Happening?

XRP exchange reserves, meaning the amount of the token held on trading platforms, have risen to 11.81 billion tokens, approaching the highest level this year. The increase comes as traders on Binance reduce leverage by cutting back on borrowed positions used to amplify trades. Activity from large XRP holders, known as whales, has also weakened. Those shifts in trading behavior accompany the reserve total’s move toward the current year’s peak.