A significant outflow of XRP from Binance has pushed its reserves to historic lows. This unprecedented withdrawal, coupled with growing institutional demand, is creating what analysts call a classic supply shock scenario – where shrinking exchange stock meets rising investor interest. 300 million XRP have been pulled out of Binance since October 6th, leaving the platform’s total reserves around 2.7 billion tokens. This decline signals a shift towards private wallets as investors seek secure storage rather than immediate sale opportunities on exchanges. These actions point to a growing belief among XRP holders that these assets are better positioned for long-term growth, potentially contributing to increased market confidence and future price movement.