XRP ETFs hit 6 green months – But 2 signals warn of profit taking
Ripple [XRP] has been getting a lot of love from ETF investors lately. However, theres two sides to every story, and traders are on the other end of the tale. What gives? Discover more Crypto market updates Crypto trading course Hire Grant Writers Six months in the green for XRP ETFs Monthly net inflows have stayed green for half a year now, per SoSoValue. August was the biggest of the lot at $159.18 million. September has added another $117.44 million so far. That brings total net assets to $1.77 billion. Source: SoSoValue Now heres the catch. Source: CryptoQuant Over on the futures side, CryptoQuants 90-day taker CVD showed sell-dominance earlier in the month. Its been bleeding red ever since. Source: CryptoQuant Funding rates have, for the most part, been positive. However, they fell massively into the deep red for a few times since late August. A look at the numbers will show dips as low as -0.018 in mid September. While most traders still lean long, short bets keep popping up like weeds. XRP active addresses rise, and so do reserves Traders might be split, but the XRP ledger itself has been bustling. Active addresses rose to 29.9K, per CryptoQuant. That‘s the highest in half a year, and a king’s leap from the 10.7K of mid-September. For most of









