XRP Spot Volume Declines by $1.94B Amid Rise in Futures Trading

XRP Spot Volume Declines by $1.94B Amid Rise in Futures Trading

XRP spot trading activity has collapsed in recent times despite the recent recovery above $1.40, showing reduced interest among spot traders. However, while the spot market is seeing a decline in volume, futures trading remains strong, and this has led to questions about how much of XRP's recovery comes from demand in the spot market and how much is influenced by speculative trading.Visit Website

XRP Spot Volume Falls $1.943 Billion as Futures Trading Dominates

Binance’s spot-to-futures volume ratio fell to 12.7%, while U.S.-listed spot XRP ETFs recorded $11.31 million in weekly net inflows.

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

XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes on a larger role. Data compiled by CryptoQuant shows that combined spot volume across centralized exchanges fell by $1.943 billion between August 26 and October 11. Binance accounted for $429 million of...

XRP Price Forecast as Spot Volume Falls 1.94B and Open Interest Hits 3-Week Low

XRP Price Forecast as Spot Volume Falls 1.94B and Open Interest Hits 3-Week Low