XRP Faces Persistent Selling Pressure Across Major Exchanges

2 hour ago 1 sources neutral

Key takeaways:

  • XRP's OKX 0.79 taker ratio shows futures sellers, but spot buyers absorb pressure.
  • Binance's 0.94 and Bybit's 1.00 XRP ratios suggest selling pressure is concentrated, not market-wide.
  • Watch whether XRP's 0.94 aggregate taker ratio worsens, risking failure near $1.53 resistance.

XRP is facing sustained selling pressure in futures markets, according to CryptoQuant data highlighted by market analyst Arab Chain. The taker buy/sell ratio, which compares market orders executed against existing liquidity, shows the strongest selling bias on OKX at approximately 0.79.

Binance recorded a ratio near 0.94, indicating a smaller but still meaningful seller tilt, while Bybit remained nearly balanced at 1.00. A reading below 1 means more taker sell volume than buy volume. Arab Chain attributed the differences to liquidity, order book depth, trading volumes, and the types of traders present on each platform.

Despite the selling imbalance, XRP's price climbed toward $1.53 during the observed period. The token traded near $1.40 in May, declined to roughly $1.00 in mid-August, and subsequently recovered. The all-exchanges taker ratio ended near 0.94, having crossed above and below the neutral level several times during the recovery.

The data does not explain why traders placed orders, and every executed sell order requires a buyer. Therefore, higher taker selling does not guarantee a price decline. However, if the imbalance widens and spreads across more exchanges, it could make it harder for XRP to sustain its gains. For now, the chart shows price appreciation alongside uneven selling pressure rather than a confirmed reversal.

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