Are XRP traders betting on a bigger rally after Futures volume hits $11.37 billion?

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XRP futures volume hit a six-month high of $11.37 billion on August 22, with Binance leading at $5.63 billion. Large XRP withdrawals from exchanges surged 4.3x in just 48 hours, jumping from 54 million to 231 million tokens between August 19-21. Spot XRP ETFs accumulated $1.44 billion in total net assets with $13.82 million in daily inflows. XRP reached the $1.50 level after breaking above $1 earlier this month, with technical indicators suggesting overbought conditions and potential volatility ahead.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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