Markets· ★★★· bearish·

XRP at $1.30 flashes three bearish signals as whales and ETF buyers step back

  • —Whale outflows from Binance fell to $49.7 million, a five-year low
  • —Exchanges absorbed 6.05 billion XRP in 30 days, 2.46 billion of it on Binance
  • —Spot XRP ETFs saw $1.84 million in weekly outflows; October inflows total $10.25 million vs $121.4 million in September
  • —XRP has lost 12.5% since the start of October
Why it matters: Without renewed whale accumulation and ETF inflows, XRP lacks a catalyst for a rebound, and November has historically been its weakest month with a median return of -10%.
#XRP
Source: BeInCrypto IT
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