CryptoQuant’s latest report reveals significant XRP seller activity on Binance, raising concerns about a potential breakout in the market. The analysis indicates a confluence of factors contributing to this trend, including aggressive short selling and strong sell orders from institutional investors. This observation comes amid increased trading volume, suggesting heightened market volatility. Market implications include the possibility of an XRP price surge triggered by retail investor selling pressure being absorbed by larger buyers. While liquidity remains relatively high in XRP despite these shifts, the impact of seller absorption on the overall market dynamics could significantly influence future price action.