XRP ETFs hit 6 green months – But 2 signals warn of profit taking
리플 [XRP] has been getting a lot of love from ETF investors lately. However, there’s two sides to every story, and traders are on the other end of the tale.
Monthly net inflows have stayed green for half a year now, per So SoValue. August was the biggest of the lot at $159. 18million.
September has added another $117. 44million so far. That brings total net assets to $1. 77billion.
Now here’s the catch.
Over on the futures side, 암호화폐 Quant’s 90-day taker CVD showed sell-dominance earlier in the month.
It’s been bleeding red ever since.
Funding rates have, for the most part, been positive. However, they fell massively into the deep red for a few times since late August. A look at the numbers will show dips as low as -0. 018 in mid September.
While most traders still lean long, short bets keep popping up like weeds.
Traders might be split, but theXRPledger itself has been bustling.
Active addresses rose to 29. 9K, per 암호화폐 Quant. That’s the highest in half a year, and a king’s leap from the 10. 7K of mid-September. For most of June to August, the number moved between 12. 5K and 17. 5K.
But here’s the other POV.
Reserves on Binance have also been going up, now at 2. 695billionXRP. But what does that have to do with anything?
출처: AMBCrypto