XRP Exchange Balances on Binance Drop 45% as Wallet Growth Tops 7.5 Million

On January 18, 2025, XRP reserves on Binance were valued at about $10.16 billion and fell to roughly $5.55 billion by mid-January 2026, a decline of around 45% according to CryptoQuant data. Over the same period, more than 25,000 XRP wallets moved into higher balance tiers and the total wallet count surpassed 7.5 million, while price action has remained range-bound despite tighter exchange supply.