#xrp上涨8%
👉 空头被清了一轮
XRP surged nearly 8% in a single day.
The price is back around $1.49.
From the low of $1.25, it has risen 18%.
In the past 96 hours, big players bought about 1.54 billion tokens.
Holdings rose from 8.1 billion to 9.7 billion.
This amounts to over $2.2 billion.
All the network’s short positions were liquidated within the same window.
The bearish crowd was squeezed out.
The spot ETF has had net inflows for 10 straight weeks.
Cumulatively, around $1.71 billion.
In the U.S. as well, the XRP ETF has also accumulated over $900 million.
On September 29, the XRPL will upgrade to Batch V1.1.
This upgrade packages transactions into atomic operations.
Institution-grade settlement can run end-to-end directly.
The CLARITY vote on September 15 did not pass.
That day, XRP was dumped from 1.50 down to 1.27.
Now, this move is short-covering plus upgrade expectations.
On leverage, the retail long-to-short ratio is 2.25.
For whales, the long-to-short ratio is 2.62.
Both figures are betting on a continued rebound.
For crypto, prices move first, and the fundamentals come afterward.
Do you think this wave is the start, or the end of the move? Let’s discuss in the comments.
👉 空头被清了一轮
XRP surged nearly 8% in a single day.
The price is back around $1.49.
From the low of $1.25, it has risen 18%.
In the past 96 hours, big players bought about 1.54 billion tokens.
Holdings rose from 8.1 billion to 9.7 billion.
This amounts to over $2.2 billion.
All the network’s short positions were liquidated within the same window.
The bearish crowd was squeezed out.
The spot ETF has had net inflows for 10 straight weeks.
Cumulatively, around $1.71 billion.
In the U.S. as well, the XRP ETF has also accumulated over $900 million.
On September 29, the XRPL will upgrade to Batch V1.1.
This upgrade packages transactions into atomic operations.
Institution-grade settlement can run end-to-end directly.
The CLARITY vote on September 15 did not pass.
That day, XRP was dumped from 1.50 down to 1.27.
Now, this move is short-covering plus upgrade expectations.
On leverage, the retail long-to-short ratio is 2.25.
For whales, the long-to-short ratio is 2.62.
Both figures are betting on a continued rebound.
For crypto, prices move first, and the fundamentals come afterward.
Do you think this wave is the start, or the end of the move? Let’s discuss in the comments.
