XRP fell nearly 7% in 24 hours as it struggled around $1.1, while CryptoQuant’s Cumulative Volume Delta indicator on Binance stood at approximately -4.33 million XRP. This negative reading indicates that market sell orders outweigh market buy orders, although it may reflect position closures or liquidations rather than fresh short positions. The 30-day average, close to 0.70, diverges from the current cumulative reading and highlights persistent weakness in buying demand. Spot XRP exchange-traded funds attracted nearly $19 million in net inflows during October before seeing about $530,000 in withdrawals on November 2 and four consecutive trading sessions without reported net flows.
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