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XRP spot trading volume jumps 53% as Binance open interest hits lowest since September

Technical Signals
11 Nov 2026, 15:53 WIB
Tokenpost
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Neutral
XRP spot trading volume jumps 53% as Binance open interest hits lowest since September

XRP spot trading volume increased by 53.2% from Oct. 28 to Nov. 9, with Binance's 30-day average open interest dropping to its lowest since September. Binance's spot volume rose 51.9%, while other exchanges saw a 53.6% increase. Despite the higher spot volume, XRP's price fell from $1.25 to $1.11, and open interest decline may reflect leveraged positions closing rather than new capital entering. Wallet data showed more XRP deposits than withdrawals on major exchanges, indicating increased trading activity but not necessarily buying pressure.

XRP's price on Pluang is Rp19.216 with a minimal 1-day change of -0.02% as of Nov 11, 2026 21:02 WIB, contrasting with BNB's higher price of Rp12.314.682 but a larger 1-day drop of -0.58%. XRP's 24-hour trading volume at Rp44,34T notably exceeds BNB's Rp23,3T, highlighting XRP's stronger recent trading activity despite its price decline. This activity aligns with the reported increase in XRP spot volume and exchange deposits, while BNB maintains a longer typical hold time of 91 days compared to XRP's 73 days on Pluang.

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