The exchange’s CVD was about negative 4.33 million XRP on Nov. 9. XRP exchange-traded funds recorded a net outflow Nov. 2, followed by zero net flows Nov. 3-6.
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The XRP has lost almost 7% in 24 hours and struggles around $1.10, but the decrease is not only due to a new wave of sales. Binance's data shows above all a lack of buyers sufficiently aggressive to absorb the supply, while the US XRP ETFs no longer provide the support observed before. Can the XRP still bounce? Binance's data are worrying! appeared first on Cointribute.