The supply of XRP held on exchanges has witnessed a significant decrease in recent days. On-chain data reveals a pronounced drop in the XRP reserves on Binance, with a similar declining trend observed across other prominent platforms like Bybit and Bithumb. According to CryptoQuant data, the amount of XRP held on Binance fell from 2.69 billion on October 28 to 2.47 billion by October 30, marking a reduction of over 220 million XRP in just two days. This reflects an approximate 8.18% decrease.