In the mainstream, the biggest hit is getting the hardest knock, and the tax is still attached.
Binance 1.298 for $XRP ; day -11.6%; about -13.2% from the daily high; spot is about 428 million.
Perpetual futures still fully loaded with long-side tax at 0.00125%; positions about 200 million.
On the same day, $BTC was only -3.5%.
The tax hasn’t been cleared—doesn’t mean someone is taking it.
#XRP结构 #fee rate lag
Binance 1.298 for $XRP ; day -11.6%; about -13.2% from the daily high; spot is about 428 million.
Perpetual futures still fully loaded with long-side tax at 0.00125%; positions about 200 million.
On the same day, $BTC was only -3.5%.
The tax hasn’t been cleared—doesn’t mean someone is taking it.
#XRP结构 #fee rate lag
