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<\/p>\n
XRP futures trading had a much busier August as volume climbed to its highest level in six months. This marked the strongest activity since February, according to data shared by CryptoQuant.<\/p>\n
The jump was not limited to one exchange.<\/p>\n
Activity increased across some of the biggest names in crypto, which brought more liquidity and interest back into the XRP derivatives market. CryptoQuant found<\/a> that Binance dominated the market. The exchange recorded roughly $37 billion in XRP futures volume during August. Bybit was a distant second at around $14.54 billion, followed by OKX at approximately $12.88 billion.<\/p>\n These three exchanges alone handled more than $64.6 billion worth of XRP futures trades during the month.<\/p>\n The change is especially noticeable as XRP futures activity had been running at lower levels, but August brought traders back in a much bigger way. The stronger price action around the crypto asset likely played<\/a> a role here. It climbed nearly 30%, rising from $1.06 at the start of the month to a high of $1.50 on August 24 before ending at $1.35.<\/p>\n Alongside futures, spot trading volume also reached<\/a> its highest level since February. Binance, as usual, accounted for the biggest share, posting around $7.28 billion in XRP trades. Next up was Upbit with $4.68 billion, while Bithumb Korea posted nearly $2.59 billion. Bybit, Gate.io, and KuCoin trailed with roughly $1.4 billion, $1.33 billion, and $1.23 billion, respectively. Bitget and Coinbase each came in just below the $1 billion mark.<\/p>\n However, the technical picture is less convincing. Crypto analyst ChartNerd noted<\/a> that XRP has stayed below its 50-week WEMA for three straight weeks, while the weekly Stoch RSI remains overbought. The 20-week WEMA at $1.29 is now the support level. A continued break below the 50 could lead to a deeper correction.<\/p>\n On the institutional front, the XRP ETF market remained<\/a> positive for another week, but the pace of inflows clearly slowed. The funds attracted nearly $19 million over the latest period, and extended their winning streak to eight consecutive weeks.<\/p>\n That result was a sharp step down from the previous week, when inflows topped $110 million and were the strongest weekly performance of 2026.<\/p>\n After $5.64 million entered the funds on August 31, inflows jumped to $14.38 million on September 1. The momentum then broke on Wednesday, when investors pulled $7.2 million from the products. It was the first day of net outflows since August 5. Thursday brought some relief as another $6.14 million flowed into the funds. Friday, however, produced no movement at all.<\/p>\n The post XRP Futures Just Posted Their Biggest Month in 6 Months: Here\u2019s What Changed<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\nWeekly Slowdown<\/h2>\n
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