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XRP wallets grow as price nears $1, while US ETFs see major outflows and Binance leverage hits 3-month low.

Market News
12 Nov 2026, 09:57 WIB
BeInCrypto
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Neutral
XRP wallets grow as price nears $1, while US ETFs see major outflows and Binance leverage hits 3-month low.

XRP's price dropped nearly 20% in a week, nearing the key $1 support level. Despite this, large XRP holders' wallets increased by 5.15% since February, signaling strong buying interest amid price drops. Meanwhile, US spot XRP ETFs experienced significant outflows, with $10.42 million withdrawn on November 9, the largest since March. Binance traders reduced leverage on XRP to a 3-month low, indicating cautious trading. If XRP holds $1 and Bitcoin stabilizes, a rebound to $1.10-$1.15 is possible; a break below $1 could trigger a brief selloff followed by recovery.

While XRP's price is near Rp18.948 on Pluang as of Nov 12, 2026 15:11 WIB, showing a slight 0.82% drop in one day, the platform data reveals a strong buy sentiment with 97% of orders favoring purchases. XRP's market cap stands at Rp1.210,36 trillion, and the typical hold time is 73 days, indicating steady investor interest despite recent volatility. This contrasts with the cautious trading behavior noted in the article, such as reduced leverage on Binance and ETF outflows.

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