XRP rebounded as Binance spot turnover fell nearly 80%

XRP's Rally Faces a Reality Check as Spot Trading Activity Dries Up

XRP's price recovery has not revived spot trading. In fact, CryptoQuant data revealed that futures activity is dominating Binance's market by a significant margin.

XRP Rebounds, but a 79% Drop in Binance Spot Turnover Tests the Move

XRP recovered while futures exposure began rebuilding, but a 78.6% collapse in Binance spot turnover leaves the strength of the rebound open to question.

XRP Futures Bounce Back After $40.7M Wipeout on Binance, Bybit, OKX

XRP got hit hard. Between October 7 and 8, long liquidations across Binance, Bybit, and OKX totaled $40.70 million, per… Read the original on XRP Futures Recover After $40.7M Liquidation Shock on Binance, Bybit, OKX. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

XRP rebounded as Binance spot turnover fell nearly 80%

XRP futures exposure began rebuilding by October 11 after market-data provider XRPL.to recorded $40.70 million in long liquidations across Binance, Bybit and OKX during October 7–8 in its streamed sample. XRP traded near $1.40 at the October 11 snapshot. Binance and Bybit each had less outstanding...