The post XRP Reserves on Binance Crash to New Multi-year low – Here is What it Means appeared first on Coinpedia Fintech News

Although XRP has faced six consecutive weeks of bearish sentiment, on-chain data shows rising demand as its reserves on Binance, the cryptocurrency exchange with the highest daily trading volume and most registered users, plummeted to a new multi-year low. The XRP reserves on Binance – Simple Moving Average (SMA) were at 2,602,538,678.3 tokens on Sunday, …