Key facts: XRPUSD falls 7.66%; Binance XRP scarcity hits 2022 high
XRPUSD fell 7.66% to $1.21 on Nov. 4 as Binance recorded 418.5 million XRP in outflows, its largest daily total in nine months. Some transfers may have been internal.Binance’s XRP Scarcity Index rose to about 2.1 on Nov. 5, its highest since 2022, after staying negative through September and October. The reading signals a thinner pool of XRP available to trade.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.