Alert: XRP Suffers Continued Selling Pressure Across Major Exchanges – What This Means for Price

In Brief:

• CryptoQuant data found XRP taker selling strongest on OKX, while Binance showed a smaller imbalance and Bybit remained nearly balanced.
• XRP climbed toward $1.53 despite an all-exchanges taker ratio near 0.94, showing price resilience.
• Further readings across exchanges could reveal whether the selling pressure spreads.

Crypto market analyst Arab Chain has identified persistent selling pressure in XRP futures, with OKX exchange traders showing the strongest selling bias. According to his analysis, Binance also recorded more taker selling than buying, while activity on Bybit remained close to balanced.

The difference matters since XRP’s price climbed toward $1.53 during the observed time despite the selling imbalance. However, the exchange readings show that traders did not approach the market in the same way across all three platforms.

OKX Leads XRP Selling as Binance and Bybit Show Different Readings

The taker buy/sell ratio compares buy and sell orders that traders execute immediately against orders already available in the market. A reading below 1 indicates greater taker sell volume, while a reading of 1 places buying and selling near balance.

The data put the ratio on OKX at approximately 0.79, the lowest reading among the three exchanges, representing roughly 79 units of taker buying for every 100 units of taker selling during the observed period.

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Binance recorded a ratio near 0.94, indicating a smaller selling imbalance than OKX. By contrast, Bybit’s reading of 1.00 showed that its taker buy and sell volumes were nearly equal.

Consequently, OKX contributed the strongest selling signal in the exchange comparison, although Binance also showed a tilt toward sellers. Arab Chain linked the differences to liquidity, order book depth, trading volumes, and the types of traders using each platform.

Source: CryptoQuant

Those ratios measure which side initiated more trading volume, but they do not reveal why individual traders placed their orders. Moreover, every executed sell order meets a buyer, so greater taker selling does not guarantee that XRP’s price will fall.

XRP traded near $1.40 in May before declining toward approximately $1.00 in mid-August. XRP later recovered with the price line reaching roughly $1.53 near the chart’s right edge.

During that recovery, the chart’s taker ratio crossed above and below the neutral level several times before ending near 0.94. XRP therefore gained value even as the latest reading showed greater taker selling than buying.

What the Selling Imbalance Means for XRP’s Price

XRP’s rise toward $1.53 shows that selling by futures takers has not been enough to reverse the price recovery. However, OKX’s ratio of 0.79 points to a stronger selling imbalance there than Binance’s 0.94 reading.

If the imbalance widens and appears across more exchanges, sellers could make it harder for XRP to sustain its gains. Bybit’s balanced reading of 1.00 shows that the pressure was not equally strong on every platform.

The ratio alone cannot establish where XRP trades next because it does not measure all spot and futures activity. For now, the price chart shows an advance alongside uneven selling pressure, rather than a confirmed reversal.

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