XRP rebounds, but Binance spot trading volume drops nearly 78.6% from October 8-10.
XRP rebounded, but Binance spot trading volume fell by nearly 78.6% to 54.12 million USDT between October 8 and 10, indicating that the rebound lacked sustained spot buying support. This followed XRPL.to data showing that a total of $40.7 million in XRP long liquidations occurred across Binance, Bybit, and OKX between October 7 and 8, with XRP futures open interest beginning to rebuild on October 11.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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