XRP Buy Side Liquidity Surges 7x Higher Than Coinbase Sell Volumes

A recent analysis has uncovered an interesting trend in the XRP market. Data suggests that the liquidity of XRP on various exchanges is significantly higher than its sell volume on Coinbase, with some figures indicating it is 7 times heavier.

The buy side, which refers to investors buying cryptocurrencies rather than selling them, appears to be driving this increased liquidity. This surge in buying activity has led to a disparity between the amount of XRP available for trading and the actual number of coins being sold on Coinbase.