XRP Faces Uneven Selling Pressure as OKX Shows Strongest Taker Sell Bias
XRP is facing continued selling pressure in futures markets, with OKX showing the strongest imbalance among the major exchanges analyzed by crypto market analyst Arab Chain.
The analysis found that OKX’s XRP taker buy/sell ratio stood at approximately 0.79, compared with about 0.94 on Binance and 1.00 on Bybit. While readings below 1 indicate that more taker selling than buying occurred, XRP’s price had nevertheless recovered toward roughly $1.53 during the period examined.
The exchange data therefore point to uneven trading pressure rather than a uniform shift toward sellers across the market.
OKX Records Strongest XRP Selling Imbalance
The taker buy/sell ratio measures the volume of trades initiated by buyers and sellers against existing orders in an exchange’s order book. A reading below 1 indicates that taker sell volume exceeded taker buy volume, while a reading around 1 suggests a more balanced market.
OKX recorded the lowest ratio in the comparison at approximately 0.79. In practical terms, the reading represented about 79 units of taker buying for every 100 units of taker selling during the observed period.
 |
| Source: CryptoQuant |
Binance posted a ratio of roughly 0.94, showing a smaller selling imbalance. Bybit, meanwhile, recorded a reading of 1.00, indicating that taker buying and selling were approximately balanced.
Arab Chain attributed the differences between exchanges to factors including liquidity, order-book depth, trading volumes and the composition of traders active on each platform.
The figures indicate which side initiated more trading volume, but they do not establish why traders entered those positions. In addition, every executed sell order is matched with a buyer, meaning elevated taker selling alone does not necessarily result in a decline in XRP’s price.
XRP Price Recovery Continues Despite Selling Pressure
XRP’s recent price movement also illustrates the difference between trading pressure and the direction of the broader price trend.
The cryptocurrency traded around $1.40 in May before falling toward approximately $1.00 in mid-August. It subsequently recovered, with the price reaching roughly $1.53 near the right side of the chart referenced in the analysis.
During that recovery, XRP’s taker buy/sell ratio moved above and below the neutral level several times before ending near 0.94.
That means XRP was able to advance even though the latest reading still indicated more taker selling than buying on the measured exchanges. The price action therefore does not currently provide confirmation that the selling imbalance has translated into a broader reversal.
What the XRP Selling Data Show
The 0.79 reading on OKX represents a substantially stronger selling imbalance than the 0.94 recorded on Binance. Bybit’s 1.00 reading, however, indicates that the pressure was not consistent across all three exchanges.
A broader and increasingly pronounced selling imbalance across multiple platforms could make it more difficult for XRP to maintain its recent gains. However, the current exchange readings alone cannot establish the cryptocurrency’s next price direction.
The taker ratio also does not capture every component of XRP’s spot and futures market activity. For now, the available data show a price recovery occurring alongside differing levels of selling pressure across exchanges, rather than a confirmed change in trend.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.