XRP reserves on exchanges hit 11.8 billion as Binance open interest falls 16%
The supply of XRP available across cryptocurrency exchanges has climbed close to its annual peak, even as the token’s price struggles with volatility and downward momentum. According to the latest data from blockchain analytics firm CryptoQuant, XRP exchange reserves have surged to 11.81 billion tokens as of October 17, representing one of the highest levels recorded over the past twelve months.