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XRP funding rates on Binance hit 1-year high despite $10.4M ETF outflows amid price correction.

Technical Signals
10 Nov 2026, 12:52 WIB
Blockonomi
View Source
Neutral
XRP funding rates on Binance hit 1-year high despite $10.4M ETF outflows amid price correction.

XRP's funding rates for perpetual futures on Binance have reached their highest level in over a year, signaling strong bullish derivatives positioning despite a recent 30% price correction. Meanwhile, spot XRP ETFs saw net outflows of $10.4 million, equivalent to about 9.37 million XRP tokens, indicating weaker spot demand. This divergence suggests leveraged traders remain optimistic while ETF investors are withdrawing. Traders should watch both derivatives funding and ETF flows to gauge future price movements.

As of Nov 10, 2026 18:01 WIB, XRP trades on Pluang at Rp19.506 with a slight 0.65% decrease in the last day. Despite the recent ETF outflows noted in the article, Pluang data shows a balanced order activity leaning slightly towards buying at 54%. The circulating supply on Pluang is 63.5 billion XRP, highlighting a substantial market presence as traders hold positions for an average of 73 days.

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