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Binance XRP holdings hit five-month low, demand recovery key to rebound

Binance’s XRP holdings fell to about 2.61 billion tokens in early July, the lowest in five months, and have remained near that level with no major inflows seen. A smaller exchange balance suggests less XRP is immediately available for sale, but prices did not rebound in step. Analyst Arab Chain said reduced supply alone is unlikely to lift prices without demand. Order-flow indicators still point to selling pressure, though XRP has risen 4.62 percent in 24 hours to about $1.11.