XRP rebounded as Binance spot turnover fell nearly 80%

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Binance XRP/USDT turnover fell 78.6% over October 8-10 sessions while the closing price rose 1.6%. Long liquidations reached $40.70 million across Binance, Bybit and OKX between October 7-8. Futures exposure first declined, then began rebuilding by October 11, but remained below October 8 levels. XRP traded near $1.40 on October 11, limiting the case for sustained institutional buying on the Binance platform.

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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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