XRP liquidity index on Binance hits 6-month high
- —30-day XRP liquidity turnover rose to $4.6 billion
- —Liquidity index reached about 0.0675 — a six-month high
- —September 11: 91 million XRP deposited and 113 million withdrawn from Binance
- —XRP open interest on Binance rose from -27% to +1%
Why it matters: Rising liquidity allows large orders to move prices less, but does not guarantee directional movement in XRP.
Source: Cryptonews.net