Key Takeaways XRP long liquidations on Binance exceed short liquidations. The network value-to-transactions ratio fell 69.28% to 36.97. U.S. spot XRP ETFs recorded $3.28 million in outflows on Oct. 2. XRP Forced Selling Eases After Repeated Liquidation Spikes XRP traders on Binance are seeing fewer forced position closures after repeated liquidation spikes from late July through September, according to an analysis published by Cryptoquant on Oct. 2. Cryptoquant contributor “PelinayPA” examined easing XRP liquidation pressure using a chart combining exchange liquidations with a network valuation measure. The shift follows a contraction in derivatives, contracts linked to the token’s price rather …
Bitcoin
Crypto
Bitcoin traded near $84,600 on Oct. 3 as Quant and Midnight led the week’s top crypto gainers, rising 158.3% and 96.5%, respectively. Lighter fell 28.7%, …
XRP is consolidating after a sharp recovery from the $1.00 area, with price now holding well above the major support zones visible on the daily …
