XRP futures selling increases as spot ETF inflows reach $52.95 million

  • CryptoQuant recorded seller-led XRP futures order flow on OKX and Binance.
  • OKX's XRP Taker Buy/Sell Ratio fell to 0.79, versus 0.94 on Binance.
  • Spot XRP ETFs received $52.95 million across three consecutive trading days.

XRP traded near $1.58 as CryptoQuant's Taker Buy/Sell Ratio fell below neutral on the major futures exchanges it tracked, indicating that aggressive sellers outweighed buyers on OKX and Binance. OKX posted the weakest reading at 0.79, Binance registered 0.94 and Bybit stood at an even 1.00. The futures imbalance emerged despite XRP remaining above its 200-day exponential moving average and ETF demand continuing to support the market. Spot XRP ETFs recorded three consecutive days of inflows totaling $52.95 million, including $18.04 million on September 23, lifting combined net assets to $1.65 billion. CryptoQuant also recorded a one-day withdrawal of more than 231 million XRP, worth over $335 million, from Binance, its largest whale outflow from the exchange in six months. Earlier reports had described XRP's recovery above the $1.56 pivot, large-holder accumulation and resistance near $1.65 to $1.70, while identifying the $1.45 area as an important support zone.

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