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Crypto

XRP Futures Volume Surges to 6-Month High Amid Large Withdrawals

Guavy AI Editorial Team
Instruments
XRP
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XRP futures trading volume reached its highest level since February, hitting $11.37 billion on August 22.

This surge coincided with a significant increase in large XRP withdrawals from exchanges, suggesting that major holders are preparing for a potential rally.

The price of XRP recently climbed to the $1.50 resistance level, but technical indicators show overbought conditions, making the next price moves critical to watch.

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