XRP scarcity index on Binance falls to lowest level since January 2025
XRP's scarcity index on Binance fell to -0.94, reaching its lowest reading since January 2025, according to CryptoQuant analyst Arabchain.
XRP's scarcity index on Binance has fallen to -0.94, marking its lowest level since January 2025, according to CryptoQuant analyst Arabchain. The index reversed sharply from a positive reading of 0.77 in July, when XRP supply on the exchange appeared increasingly scarce.[1][2][3][4]
The decline indicates that more XRP is readily available for trading on Binance, potentially expanding selling supply if holders choose to exit positions. Increased availability and liquidity on the platform could ease supply constraints, pressure prices, and alter trader sentiment and market dynamics.[1][2][3][4]
Despite the drop in scarcity, CryptoQuant data indicates that the metric alone does not confirm that widespread selling is currently taking place.[1]
Key facts
- XRP's Binance Scarcity Index dropped to -0.94, its lowest reading since January 2025, according to CryptoQuant analyst Arabchain.
- The index reversed sharply from 0.77 in July, when XRP supply appeared increasingly scarce.
- The current reading suggests XRP is now more readily available for trading on Binance.
- Higher XRP liquidity and availability on Binance may ease supply constraints, pressure prices, and impact trader sentiment.
- CryptoQuant data shows the index alone does not confirm widespread selling is occurring.
Sources · 3 sources
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BSCN@BSCNewsPost on X ·
XRP Scarcity On Binance Falls to its Lowest Level Since 2025 XRP’s Binance Scarcity Index has fallen to -0.94, its lowest reading since January 2025, per CryptoQuant analyst Arabchain. The index has reversed sharply from 0.77 in July, when ripple:native supply looked increasingly scarce. The latest reading suggests more XRP is now readily available for trading on Binance. This could increase potential selling supply if holders decide to exit their positions. However, the index alone does not confirm that widespread selling is happening. CryptoQuant data shows.
Open source - CB
Crypto BriefingArticle ·
XRP Binance scarcity index hits lowest level since January 2025 Increased XRP liquidity on Binance may ease supply constraints, impacting market dynamics and potentially altering future price trajectories. The post XRP Binance scarcity index hits lowest level since January 2025 appeared first on Crypto Briefing .
Open source - CB
Crypto BriefingArticle ·
XRP Binance scarcity index falls to lowest level since January 2025 Increased XRP availability on Binance may pressure prices, impacting trader sentiment and potentially altering market dynamics significantly. The post XRP Binance scarcity index falls to lowest level since January 2025 appeared first on Crypto Briefing .
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: XRP’s Binance Scarcity Index hits its lowest level since January 2025 CryptoQuant analyst Arabchain says the index fell to -0.94 from 0.77 in July, suggesting more $XRP is now readily available for trading on Binance. https://t.co/IFiExwtAjG
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