XRP futures volume hits 7-month high as price stays flat
- —Futures volume nearly doubled from its July low
- —Binance handled about half of the turnover at $34.57 billion
- —XRP exchange reserves reached a yearly high of 11.81 billion tokens
- —US spot XRP ETFs snapped a 13-week inflow streak with a $1.84 million outflow
Why it matters: Heavy turnover without price gains and rising exchange balances point to seller pressure and risk of a drop below $1.30.
Source: BeInCrypto RU