The post Rising ETF Demand Sparks XRP Supply Crunch on Binance appeared on BitcoinEthereumNews.com. November marked the launch of U.S. XRP ETFs. This catalyst significantly boosted market demand for XRP. It also played a crucial role in helping XRP resist selling pressure driven by the overall negative market sentiment. This shift left several notable on-chain signals. Analysts interpret these indicators as a positive sign for XRP to maintain its upward momentum. How Did ETF Demand Drive XRP Accumulation on Exchanges in November? On-chain data from CryptoQuant, as of November 27, 2025, indicated that the XRP balance held on Binance had dropped to a 12-month low of 2.71 billion XRP. Sponsored Sponsored A closer look at the chart indicated that Binance’s XRP reserves began declining after November 14. Approximately 100 million XRP was withdrawn from the exchange. This phase aligned precisely with the official launch of spot XRP ETFs in the United States. XRP Exchange Reserve – Binance. Source: CryptoQuant. SoSoValue data also showed that from November 14 onward, four XRP ETFs — Canary, Bitwise, Grayscale, and Franklin — recorded positive net inflows for nine consecutive days. As a result, the total assets held by these ETFs exceeded $670 million. XRP ETF Daily Total Net Inflow. Source: SoSoValue Buying pressure is expected to strengthen further in the coming days. Analysts anticipate that the 21Shares XRP ETF will soon be listed. CryptoQuant analyst Darfost noted in his latest analysis that the sharp decline in XRP reserves on Binance, following the launch of a spot ETF, indicates that more XRP is being transferred into the hands of long-term holders. “Fewer tokens available on trading platforms, combined with growing institutional demand, create a potentially powerful setup. If this trend continues, XRP could move into a more structured phase with an expanding institutional interest.” Darfost explained. However, analyst Vincent Van Code provided a more in-depth explanation of the relationship… The post Rising ETF Demand Sparks XRP Supply Crunch on Binance appeared on BitcoinEthereumNews.com. November marked the launch of U.S. XRP ETFs. This catalyst significantly boosted market demand for XRP. It also played a crucial role in helping XRP resist selling pressure driven by the overall negative market sentiment. This shift left several notable on-chain signals. Analysts interpret these indicators as a positive sign for XRP to maintain its upward momentum. How Did ETF Demand Drive XRP Accumulation on Exchanges in November? On-chain data from CryptoQuant, as of November 27, 2025, indicated that the XRP balance held on Binance had dropped to a 12-month low of 2.71 billion XRP. Sponsored Sponsored A closer look at the chart indicated that Binance’s XRP reserves began declining after November 14. Approximately 100 million XRP was withdrawn from the exchange. This phase aligned precisely with the official launch of spot XRP ETFs in the United States. XRP Exchange Reserve – Binance. Source: CryptoQuant. SoSoValue data also showed that from November 14 onward, four XRP ETFs — Canary, Bitwise, Grayscale, and Franklin — recorded positive net inflows for nine consecutive days. As a result, the total assets held by these ETFs exceeded $670 million. XRP ETF Daily Total Net Inflow. Source: SoSoValue Buying pressure is expected to strengthen further in the coming days. Analysts anticipate that the 21Shares XRP ETF will soon be listed. CryptoQuant analyst Darfost noted in his latest analysis that the sharp decline in XRP reserves on Binance, following the launch of a spot ETF, indicates that more XRP is being transferred into the hands of long-term holders. “Fewer tokens available on trading platforms, combined with growing institutional demand, create a potentially powerful setup. If this trend continues, XRP could move into a more structured phase with an expanding institutional interest.” Darfost explained. However, analyst Vincent Van Code provided a more in-depth explanation of the relationship…