PelinayPA
XRP Whales Are Collecting Sell-Side Liquidity
The ratio on the chart is around 0.912, meaning aggressive sell orders exceed buy orders. In other words, sellers using market orders are currently dominant. The side taking liquidity is mostly sellers, indicating clear sell-side aggression in the order flow. Meanwhile, the price is around $1.34 and appears weak. Since the ratio is below 1, market orders are not attempting to push the price higher. Buyers may be waiting passively with limit orders instead. As a result, the price movement is not supported by aggressive buying pressure. The side taking liquidity is sellers, while the side providing liquidity is buyers. This means buyers are not completely absent, but there is no strong aggressive demand pushing the price upward. If the price remains weak while the ratio stays below 1, it indicates that the market structure is dominated by sell-side order flow. Because there is a clear correlation between the ratio and price on this chart, the selling pressure appears likely to persist for some time.