🟠 A 663% increase in XRP deposits on Binance seemed like an imminent selloff, but the exchange’s reserves barely moved, rising only 0.22%. Massive daily outflows and ⚡ $2.2 billion in whale accumulation absorbed the liquidity shock. With open interest on futures rising to $477 million, leverage volatility is building 📈 near the key resistance level of $1.51.
Will XRP whales absorb the overhead supply at $1.51, or does the rising open interest signal a leveraged purge back to support at $1.38? 👇
#xrp #binance #whales #derivatives #flows
Will XRP whales absorb the overhead supply at $1.51, or does the rising open interest signal a leveraged purge back to support at $1.38? 👇
#xrp #binance #whales #derivatives #flows
