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XRP Buy Orders Exceed Nearby Sell Offers by 9.5 Million Tokens

XRP Buy Orders Exceed Nearby Sell Offers by 9.5 Million Tokens

Photo: TokenPost

Buy orders near XRP’s $1.30 price exceeded sell offers by about 9.5 million tokens in an Oct. 18 snapshot of selected trading venues, showing a bid-side imbalance within a narrow price band. At 8:20 a.m. ET (12:20 UTC), orders to buy within 2% below the price totaled about 44.4 million XRP. Offers within 2% above it totaled about 34.9 million XRP. The figures count orders posted at that moment, not trades that took place. The near-price comparison covered a selected subset of venues. The wider snapshot examined 171 trading pairs across 64 venues, including markets quoted in U.S.

Source: TokenPost

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