Calm before a reversal?
Activity among large XRP holders
has fallen to 2021 levels.
The estimated $XRP leverage ratio on Binance fell by 26.2% — from 0.229 in September to 0.169.
The 90-day average of $XRP whale outflows on Binance dropped to $49.7 million — the lowest level in five years.
According to CryptoQuant, declining activity among large holders may limit buying support for $XRP, but does not by itself determine the direction of price movement.
CryptoQuant analysts recorded a decline in activity among large $XRP holders on Binance and reduced use of leverage in the derivatives market. Both indicators point to changes in market participants’ behavior, but do not provide a clear signal about the token’s future price movement, the experts noted.
Activity among large XRP holders
has fallen to 2021 levels.
The estimated $XRP leverage ratio on Binance fell by 26.2% — from 0.229 in September to 0.169.
The 90-day average of $XRP whale outflows on Binance dropped to $49.7 million — the lowest level in five years.
According to CryptoQuant, declining activity among large holders may limit buying support for $XRP, but does not by itself determine the direction of price movement.
CryptoQuant analysts recorded a decline in activity among large $XRP holders on Binance and reduced use of leverage in the derivatives market. Both indicators point to changes in market participants’ behavior, but do not provide a clear signal about the token’s future price movement, the experts noted.
