I’ve missed the trade again.

You’re all familiar with the old story of coin $XRP —when the news hits, it gets hot. It heats up, then goes sideways, and it’s especially good at dealing with people who talk tough.

This time it can squeeze into the front row—not because it’s rallying hard. Spot is only $1.0216, and over the past 24 hours it’s just +0.809%. The high and low are between $1.0267 and $0.9915, like it’s pacing back and forth at the door.

What’s outrageous is the order size is really big: spot volume is $81.19M, while the contracts directly hit $648.04M—about 8 times more. And open interest is still sitting at 378,885,052 $XRP .

The funding rate is only +0.0100%, which suggests there are plenty of people on the train, but the mood hasn’t gone so crazy that it’s overheating.

People like me—who chased near $1 last time and then got washed out—when I see this, I’ll just quietly close the contracts page.🤡

$XRP #加密货币 #BinanceSquare