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Binance Data Reveals Silent XRP Accumulation Ahead of Potential Mega Breakout

Binance Data Reveals Silent XRP Accumulation Ahead of Potential Mega Breakout

Published:
2025-05-15 09:48:56
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Recent data from Binance indicates a silent accumulation phase for XRP, with buyers absorbing significant selling pressure. Market experts view this as a precursor to a bullish breakout, fueled by renewed trader interest and rebounding open interest in futures markets. This activity suggests heightened volatility and potential price appreciation for XRP in the NEAR future.

Binance Data Highlights Silent Massive XRP Accumulation, Signaling a Mega Price Eruption

XRP is witnessing a silent accumulation phase as buyers absorb intense selling pressure on Binance, a dynamic market experts interpret as the precursor to a bullish breakout. Futures data reveals renewed trader interest, with open interest rebounding after a sharp decline—setting the stage for heightened volatility.

Binance’s futures market shows speculative activity for XRP has resurged, with open interest climbing back toward its recent $1.5 billion peak. The washout of Leveraged positions earlier this month only temporarily dampened momentum.

Ukraine Moves to Become First Nation to Hold Bitcoin in National Reserves

Ukraine is drafting legislation to officially add Bitcoin to its national reserves, a groundbreaking move that would make it one of the first countries to do so. The initiative, reportedly backed by Binance, signals deepening institutional adoption of digital assets in the region.

Member of Parliament Yaroslav Zhelezniak confirmed the development, noting the bill is under final review before submission. Ukraine ranks among the top 10 nations for crypto adoption, with public officials already holding over 46,000 BTC collectively.

|Square

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