Update
XRP Exchange Reserves Surge Near Year-High
Crypto analytics platform CryptoQuant shows that XRP reserves across all major exchanges have remained substantially high, surging to 11.81 billion tokens as of October 17. This indicates that the available supply of XRP across all exchanges has yet to reach its highest level of the year, but remains unusually high. The surge coincides with a notable reduction in leveraged trading activity on Binance, the world's largest cryptocurrency exchange by volume.