XRP exchange reserves have seen a significant decrease of $1.32 billion over the past month, falling from approximately $7.03 billion to $5.70 billion between November 10 and December 10. This represents an 18.8% slide in reserves, according to on-chain data from CryptoQuant. During this period, XRP's price has fallen below its 50-day and 200-day simple moving averages (SMAs), trading near $2.08. This situation signals thinner liquidity and a fragile, trendless market setup.
The value of XRP reserves held on cryptocurrency exchanges declined by more than $1 billion over a one-month period, according to on-chain data from CryptoQuant retrieved by Finbold. Exchange reserve values fell from $7.03 billion on November 10, 2025, to $5.70 billion by December 10, 2025, representing a decrease of $1.32 billion or 18.83%, the data showed. XRP traded at $2.50 on November 10, according to the report.
XRP Price Dynamics and Market Liquidity
The declining reserves occurred alongside price movements that suggest traders withdrew XRP from exchanges or reduced positions. Reserve levels showed notable drops in early November, a brief recovery in late November, and another decline in early December, according to the data. The reduction in exchange reserves points to decreased market liquidity, as fewer tokens remain available on exchanges, according to market analysts. Lower liquidity typically increases an asset’s vulnerability to price volatility, the report noted.
The decline occurred during a period when XRP struggled to maintain the $2 support level amid broader cryptocurrency market conditions. This persisted despite U.S. spot exchange-traded funds recording sustained inflows under bearish market conditions, the data showed.
Current Trading Conditions and Technical Analysis
At press time, XRP traded at $2.08, up approximately 0.6% in the previous 24 hours but down roughly 5% for the week, according to Finbold data. The cryptocurrency’s price remained below its 50-day simple moving average of $2.30 and 200-day simple moving average of $2.62, indicating a bearish short- to medium-term trend, according to technical analysis.
The 14-day Relative Strength Index (RSI) stood at 47.18, a neutral reading that suggests limited immediate momentum for reversal but potential stabilization if buying pressure increases toward the 50 level, analysts said. This neutral momentum, coupled with the shrinking reserves, implies that while immediate volatility might be contained, the overall liquidity situation leaves room for potential price fluctuations.