XRP em Movimento: Oscilações Bruscas Seguem Explosão no Volume de Negociação em DEX
XRP enfrenta turbulência enquanto traders navegam por águas voláteis
O ativo digital registra flutuações significativas após relatório mostrar aumento substancial no volume de trocas descentralizadas
Mercado reage com nervosismo
As oscilações de preço destacam a natureza imprevisível do setor de criptomoedas - onde um dia você está subindo, no seguinte está questionando suas decisões de vida
Volume em DEX impulsiona atividade
O aumento nas transações descentralizadas demonstra crescimento orgânico, mesmo enquanto os tradicionalistas do mercado continuam céticos sobre todo esse barulho de 'finanças descentralizadas'
Mais uma prova de que no mundo cripto, a única constante é a mudança - e as taxas de transação, é claro
XRP Ledger posts more active DEX activity in October
In the past few weeks, DEX activity linked to XRPL increased, with a higher daily baseline.
Volumes peaked in the past week, following the market-wide liquidation on October 10-11. During the period of peak DEX activity, XRP sank further under $3, pressured by the overall market correction.
DEX transactions also increased on XRPL, rising from a recent low of 600K to over 900K transfers daily. However, transfers are still lower compared to the last quarter of 2024.
The DEX activity is seen as an indicator of more active trading. The volumes may point to different scenarios. In the bearish case, whales are using DEXs to shed more XRP, as they expect the downtrend to continue.
Since all orders were filled, the opposite scenario may be an accumulation of XRP by smart money, expecting a recovery to a higher range. One possible explanation for XRP is that retail is panic-selling, while whales are using the opportunity to re-buy at a lower range. As of October 20, sentiment is shifting for XRP, with crowd money showing a more optimistic attitude, as whales remain bearish.
XRP grows its DEX liquidity
Recent data shows the past two quarters achieved gradual growth for XRPL decentralized liquidity.
Since October 2024, decentralized trades for XRP moved to a higher liquidity range, often with over $20B available daily.
XRPL increased its decentralized liquidity over the past year, with a recent peak on October 10 during the most active market liquidations. | Source: CryptoQuant.
On October 10, XRPL DEX liquidity briefly shot up to a local peak above $40B, coinciding with one of the days of active selling. XRP is still concerned with available liquidity, as old holders may seek to cash out. If liquidity fails, the realized price may remain much lower.
In addition to DEX activity, XRP may be pressured by derivative markets. The coin’s open interest inched up to $1.27B, with a slight recovery for long positions. Traders are cautious about shorting XRP, but long positions go as low as $2.30, potentially leading to liquidations. For now, XRP has avoided derivative position liquidations, as traders focused on BTC.
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