XRP Liquidation Pressure Eases as Spot Demand Remains Key Test
Key Highlights XRP’s network value-to-transactions (NVT) ratio dropped 69.28% to 36.97, pointing to a potential surge in onchain network usage relative to its market capitalization. Long liquidations have recently outpaced short liquidations on Binance, highlighting vulnerability among bullish derivative traders following downward price movements. U.S. spot XRP ETFs recorded $121.4 million in September inflows, though ...