CryptoOnchain2026-11-07

XRP Taker Buy/Sell Ratio (14-Day SMA) on Binance Reaches 0.998, Near Balance

The 14-day SMA of the Binance taker buy/sell ratio for XRP reached 0.998 on November 5, 2026, when XRP traded at $1.206. A reading near 1.0 means taker buy volume and taker sell volume were roughly equal on Binance. The 7-day average ratio was 0.976, and the value on November 2 was 0.896, so the ratio has moved from below 1.0 toward balance. This shift alone does not confirm a reversal in buying pressure. Over the same window, XRP fell from $1.25 on November 2 to $1.21 on November 5. Price declined while aggressive selling on Binance eased, which may suggest that selling pressure is fading even as the price trend remains weak. Market context: a hot-wallet hack at Binance on October 29, in which about $6.2 to $6.4 billion was stolen, may have affected trading flows during the same period. The dollar index stood at 101.56, roughly unchanged over one month. These are US-level series and do not measure XRP taker flows directly. One candidate explanation, unverified: the move toward balance may reflect a reduction in forced selling after recent declines, or the aftermath of the Binance hack on trading flows. "For now, the clearest reading is that aggressive selling on Binance has eased and the taker ratio has moved toward balance, though the window is short and the claim of a high since August still needs verification against the full series."