$XRP Early this wave has something to it. The price didn’t drop much—15m is only -0.30%—but the OI fell 1% in an hour. Over ten million U in notional just got pulled out. Combined with Binance’s side, where 5m liquidations of 206K clustered and smashed toward the sell direction—this isn’t fresh shorts opening; it’s old longs getting carried out.
The aggressive buy/sell ratio is 0.81, the trade imbalance is -10.7%, and the volume is 1.29x—not really exaggerated. The selloff is very “quiet,” a textbook deleveraging rhythm. The whole-pool notional change ranks #4, but the abnormality percentile is only #37 , which suggests everyone is shrinking together—not just an XRP-only issue.
With this kind of structure, I usually don’t chase shorts. After the leverage flush, it often turns and gives you a bite back. First, let’s see whether this range boundary can hold. If it can’t, then we’ll talk.
The aggressive buy/sell ratio is 0.81, the trade imbalance is -10.7%, and the volume is 1.29x—not really exaggerated. The selloff is very “quiet,” a textbook deleveraging rhythm. The whole-pool notional change ranks #4, but the abnormality percentile is only #37 , which suggests everyone is shrinking together—not just an XRP-only issue.
With this kind of structure, I usually don’t chase shorts. After the leverage flush, it often turns and gives you a bite back. First, let’s see whether this range boundary can hold. If it can’t, then we’ll talk.
