Approximately 1.6 billion XRP tokens were transferred to Binance over the past 30 days, marking the highest 30-day inflow recorded since March. CryptoQuant noted that large transfers to exchanges may signal selling pressure but do not alone confirm that selling has occurred. XRP futures trading volumes in September reached roughly $32.36 billion on Binance, $12.5 billion on Bybit, and $11.32 billion on OKX, indicating sustained activity in the derivatives market. Analyst Ali Martinez took a more bullish stance, noting a potential breakout above a descending resistance line on the four-hour chart, with a price target of $1.62 if support at $1.50 holds.
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