💧 FLOW - Inflow or outflow?
$XRP at $1.315 +1.6% volume $1.3B +40%
Thin liquidity: spot $310M vs. OI $2.86B
Binance:
- Whale inflows of $112.4M monthly average = highest since March
But normalizing today after a peak
- Withdrawals at 55.75% exceed deposits at 44.25%
Highest ratio since August = accumulation
ETF:
- Yesterday, only a -$3.6M outflow
- But this week: +$11.3M = 13 consecutive weeks of inflows
- Cumulative balance: $1.80B
Bottom line: old selling has ended; new accumulation has begun
#xrp #Mohoagd
$XRP at $1.315 +1.6% volume $1.3B +40%
Thin liquidity: spot $310M vs. OI $2.86B
Binance:
- Whale inflows of $112.4M monthly average = highest since March
But normalizing today after a peak
- Withdrawals at 55.75% exceed deposits at 44.25%
Highest ratio since August = accumulation
ETF:
- Yesterday, only a -$3.6M outflow
- But this week: +$11.3M = 13 consecutive weeks of inflows
- Cumulative balance: $1.80B
Bottom line: old selling has ended; new accumulation has begun
#xrp #Mohoagd