XRP rebounded from $1.39 on September 20th to retest the $1.55 level, where sellers halted the advance before a slight pullback toward $1.52. XRP reserves on Binance have reached approximately 2.68 billion, up from 2.55 billion during the summer decline, reflecting increased trading activity. Average daily deposits reached about 663% above the quarterly baseline, but withdrawals quickly offset inflows, leaving Binance reserves only 0.22% above baseline. Net flows have turned negative, indicating that traders are merely switching positions rather than accumulating significant quantities of XRP.
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