In XRP news today, its 30-day liquidity index on Binance has climbed to 0.0675, the highest reading in about six months. Its 30-day turnover recovered to approximately $4.6 billion after sinking to between $2 billion and $3 billion during July and August.
The rebound signals that XRP liquidity conditions have meaningfully improved, but a deeper order book supports both accumulation and distribution equally well, and is leaving the question of which side actually controls this market unanswered.
The liquidity index measures how easily traders can move XRP in and out of positions without moving the price against themselves, calculated against how quickly XRP turns over relative to what Binance holds on its books. A rising reading means faster turnover and tighter execution, which is exactly what the data shows.
XRP closed August up about 28.5%, its strongest August performance since 2021, while U.S. spot XRP ETF products pulled in $153.55 million of inflows that month.
Now, the flow data from the end of last week complicates a clean bullish read. More than 91 million XRP moved into Binance on the 11th, and over 113 million XRP moved out, both six-month highs in single-day volume. Withdrawals outpaced deposits by 22.7 million XRP, yet Binance's total XRP holdings rose just 0.43% over the full week.
#reading
The rebound signals that XRP liquidity conditions have meaningfully improved, but a deeper order book supports both accumulation and distribution equally well, and is leaving the question of which side actually controls this market unanswered.
The liquidity index measures how easily traders can move XRP in and out of positions without moving the price against themselves, calculated against how quickly XRP turns over relative to what Binance holds on its books. A rising reading means faster turnover and tighter execution, which is exactly what the data shows.
XRP closed August up about 28.5%, its strongest August performance since 2021, while U.S. spot XRP ETF products pulled in $153.55 million of inflows that month.
Now, the flow data from the end of last week complicates a clean bullish read. More than 91 million XRP moved into Binance on the 11th, and over 113 million XRP moved out, both six-month highs in single-day volume. Withdrawals outpaced deposits by 22.7 million XRP, yet Binance's total XRP holdings rose just 0.43% over the full week.
#reading
2 hours ago
