Binance User Deposits 59 Million XRP Amidst Price Surge of Over 100%
In August 2025, cryptocurrency exchange Binance significantly increased its XRP reserves by 59 million tokens, reaching a total of 2.754 billion XRP. This figure now exceeds user deposits by about 102.96%, indicating strong institutional confidence amid price volatility and legal uncertainties.
Simultaneously, Binance users raised their net XRP balances by over 59 million in the same month. This growth reflects growing user accumulation despite XRP’s price peaking and then correcting from around $4 back to near $3 by the end of July.
This simultaneous growth in reserves and user balances suggests a strategic accumulation by Binance coupled with increased long-term investor commitment from its users. Analysts see this as a shift from speculative trading toward a more sustained investment outlook for XRP.
The implications of this trend are significant. Binance’s reserve coverage above 100% demonstrates it is well-capitalized to cover user liabilities, projecting trustworthiness despite ongoing SEC legal challenges. On-chain and custody data indicate investors, including whales and retail users, are favoring retention and accumulation over quick profits, contributing to a change in market dynamics toward stability and growth potential.
Binance’s increased reserves and diversified collateral holdings (BTC, BNB, ETH) indicate a broader liquidity management strategy aiming to withstand regulatory and price volatility. However, XRP remains vulnerable to legal shifts that could rapidly influence market sentiment and exchange policies.
The price movement and holdings are timestamped and verified by zk-SNARKs. The price drop of XRP occurred just as fast as it rose. The consistency in XRP holdings might be a significant long-term sign. Binance's XRP reserve ratio slightly decreased from 103.09% in July.
As of Aug. 1, Binance holds over 2.754 billion XRP in reserves, enough to cover liabilities with a 102.96% reserve ratio. Binance users added over 59 million XRP to their net balances from July 1 to Aug. 1. Binance also saw an increase in customer balances for BTC, FDUSD, and USDC, but XRP's uptick is noteworthy.
The increase in XRP balances occurred quietly compared to other cryptocurrencies. Despite the price drop, many users added XRP to their Binance balances. Third-party custody of XRP went up from 56 million to 76 million on Binance. The on-chain numbers suggest a quiet consistency in XRP holdings.
The price surge of XRP occurred before the surge in other cryptocurrencies. By the end of July, the price of XRP closed out near $2.90-$3.10. The article was authored by Arman Shirinyan.
In summary, Binance’s increase in XRP reserves alongside user net balance growth during August 2025 marks a notable confidence boost and a strategic pivot toward longer-term investment in XRP, with important implications for liquidity, regulatory risk, and market structure in the crypto ecosystem.
- Despite the peak and subsequent correction of XRP's price, Binance users still added over 59 million XRP to their net balances, indicating a sustained interest in investing in XRP.
- The growth in Binance's XRP reserves, along with diversified collateral holdings such as Bitcoin (BTC), Binance Coin (BNB), and Ethereum (ETH), suggests a comprehensive liquidity management strategy that aims to mitigate regulatory and price volatility.
- Crypto analysts interpret the growth in Binance's XRP reserves and user balances as a shift from speculative trading to a more sustained investment outlook for XRP, having significant implications for the crypto market's dynamics, liquidity, and regulatory risk.
