$XRP Sellers Gain Upper Hand Across Three Major Exchanges
The price of $XRP has recently climbed to $1.58, but futures data suggests that sellers are taking control across three major exchanges.
This is according to CryptoQuant's $XRP Taker Buy/Sell Ratio metric, which compares aggressive buying with aggressive selling.
A reading above 1 indicates buying activity, while a reading below 1 shows that sellers are handling more of the order flow. $XRP’s ratio has now fallen below 1 across the exchanges tracked by CryptoQuant, suggesting that selling pressure is growing while the spot price pushes higher.