Responding to the rising demand, Binance has just upped the ante on their Ripple coin (XRP) holdings, breaking a new record. As XRP’s price just restored the $3 resistance line, Binance’s XRP reserves now surpass 10.9 billion tokens, according to CryptoQuant.
XRP Short-Sellers Are Feeling Alone On Binance
Approximately, that’s nearly 6% of the OG altcoin’s circulation. Whilst Binance’s reserves across cold & hot crypto storage now sums up to 3.6 Ripple coins, the major exchange’s customers seem to be ultra bullish on XRP’s price growth. Per CoinGlass estimations, the long positions on Ripple’s price outnumber the short-selling ones over three times, 3:09:1.
As market watchers see $3.60 as a plausible retest, a break above the weekly resistance could take XRP’s price way higher. Judging by the one-week technical analysis provided by Dark Defender, the 5.85 Fibonacci Retracement level takes Ripple (XRP) to $6, but a break past $3.66 has to be secured first.
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So, for the $6 long-term goal to materialize, Ripple coin’s adoption would have to sustain once again to reach over $10 billion in trading volumes per day. A big wave of inflows can be expected if any of the 11 Ripple-based ETFs hit the market this year. Presently, both experts and the crypto crowd estimate over 90% chance of that happening.
Another key factor in Ripple’s price appreciation is SWIFT testing, which would allow XRP Ledger to grab a piece of the $155 trillion annualized trading volume. In one of the latest conference appearances, Ripple’s CEO Brad Garlinghouse predicted Ripple’s native chain could take up 14% of this trading volume, given that the regulatory approvals fall in place.
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People Also Ask:
Binance’s XRP reserves hit 3.6 billion tokens on September 9, 2025, showing increased trader activity and institutional interest.
Large transfers (e.g., 610M XRP on September 1) and market recovery from $2.80 dip drove the surge, reflecting high demand.
Ripple (XRP) is at $3.05 as of September 12, 2025, up 1.9%, fueled by ETF hype and altcoin momentum, with $5.6B daily volume.
$6 is possible in 2025, driven by 95% ETF approval odds, SEC clarity, and payment adoption, with technical targets up to $6.19.
Regulatory delays, market volatility, or selling pressure from high reserves could cap XRP at $3.10–$3.51 or cause stagnation.
