XRP Volume Crashes 63% Despite Price Rise, What’s Going On?
The post XRP Volume Crashes 63% Despite Price Rise, What’s Going On? appeared on BitcoinEthereumNews.com.
XRP’s trading volume has declined 63% in the last 24 hours to $3.23 billion, according to CoinMarketCap data. The surprising volume drop comes as the XRP price rose nearly 5% in the last 24 hours. At press time, XRP was up 4.24% in the last 24 hours to $1.46. The volume drop might not be concerning given a trend usually noticed on Sundays, where trading activity usually declines at the fresh start of a week as traders adjust their positions. Crypto Market Review: XRP’s $991 Million Bounce, Ethereum (ETH) Back in Green Zone, Shiba Inu (SHIB) Only Looking Up Bitcoiners Slam The FT Over Calling Bitcoin to Drop to Zero XRP Volume, Courtesy: CoinMarketCap The XRP price trades in green on a daily basis following a sharp rebound on Friday. XRP rose about 25% to reach $1.55 on Friday after a sharp sell-off earlier that had driven its price down as low as $1.11. According to Santiment, panic-sellers might have stopped to notice the massive activity recorded on XRP Ledger, with unique addresses suddenly skyrocketing to 78,727 in just one eight-hour candle (the highest in six months). You Might Also Like Obvious whale accumulation also occurred during the XRP price dip, with 1,389 separate $100,000 whale transactions, which is the highest in four months. Santiment noted both as major signals of a price reversal. Following a week-long massive sell-off, the crypto market is showing signs of recovery, with a handful of digital assets trading in green. What’s next for XRP? XRP remains down 10.3% weekly, but the positive thing is that buyers aggressively bought the dip, pushing the price back into a channel pattern. You Might Also Like If the current rebound is sustained, XRP will target $1.71 next, where it might face a barrier. However, a successful rise might…
Filed under: News - @ February 9, 2026 4:26 am