Ripple’s XRP-Powered ODL in Bitso and Bitstamp Read Negative Liquidity. Is This Real or a Glitch?

[solodeji]

https://heraldsheets.com/ripples-xrp-powered-odl-in-bitso-and-bitstamp-read-negative-liquidity/

[Scout]

That would explain why we are all sitting at a loss. Meaning we all need to buy a lot more before we can break even. However the more XRP bought the further you drive the price down and the cycle repeats. XRP is like a black hole.

 

Edited November 7, 2020 by Scout

[Trentsteel]

1 hour ago, Scout said:

That would explain why we are all sitting at a loss. 

 

I think you’ll find there’s plenty on here who are in profit with XRP 

[Flintstone]

The amount of misunderstanding of these charts is crazy.

Negative liquidity? Open the order books and check for yourself. There is liquidity there. If there wasn’t there would be a ridiculously large spread.

ODL volume has actually risen lately, but as these charts show a 28 day trend, it doesn’t really reflect what is currently present.