$XRP In the preceding text, use “spot sellers are dominant and positions are expanding” to observe the accumulation of shorts; however, the spot active buy/sell ratio should be corrected: in the past 24 hours it was 0.839, not 0.797. The conclusion direction has not reversed, and the calculation error still must be disclosed.
On Binance spot candlesticks, field 7 is the total traded notional value, and field 10 is the notional value of active buy trades. The correct ratio is field 10 divided by (field 7 minus field 10). The earlier write-up mistakenly mixed the base asset amount with the notional value of trades. After recalculation, the most recent 8 hours is 0.785; both windows are still below 1. Seller-side executions continue to dominate, but the weakness evidence is not as strong as in the original numbers.
Disagreement still exists in positioning: XRP fell by about 2.71% over the past 24 hours; USD-M position value increased by about 10.42%; and the funding rate is about -0.0031%. This aligns with the newly accumulated shorts and could also be consistent with hedging. With a similar daily-candle structure, the next-day rebound benchmark is about 52%, and the current estimate is still 52%—only watch for now. If price rebounds while positions decline, confirm short covering; if price continues to weaken while positions decline, the “crowded” explanation fails.
#XRP #数据更正 # Position size
On Binance spot candlesticks, field 7 is the total traded notional value, and field 10 is the notional value of active buy trades. The correct ratio is field 10 divided by (field 7 minus field 10). The earlier write-up mistakenly mixed the base asset amount with the notional value of trades. After recalculation, the most recent 8 hours is 0.785; both windows are still below 1. Seller-side executions continue to dominate, but the weakness evidence is not as strong as in the original numbers.
Disagreement still exists in positioning: XRP fell by about 2.71% over the past 24 hours; USD-M position value increased by about 10.42%; and the funding rate is about -0.0031%. This aligns with the newly accumulated shorts and could also be consistent with hedging. With a similar daily-candle structure, the next-day rebound benchmark is about 52%, and the current estimate is still 52%—only watch for now. If price rebounds while positions decline, confirm short covering; if price continues to weaken while positions decline, the “crowded” explanation fails.
#XRP #数据更正 # Position size