XRP Spot Volume Just Exploded to $1.36B- Is This Rally Strong Enough?
$XRP jumped around 7% to $1.41 this weekend- and trading activity suddenly came alive!
Spot volume reached roughly $1.36B in 24 hours, while total turnover climbed close to $4.9B as $BTC pushed back above $81K and triggered a broader market squeeze.
Here's what I'm watching now:
- Shorts squeezed: Around $8.05M in XRP short positions were liquidated, compared with only about $2.36M in longs.
- Leverage is still high: XRP futures volume reached roughly $5.71B- more than 4x spot volume, which could make the move more volatile.
- ETF demand remains strong: US spot XRP
ETFs have topped $1.7B in inflows, while whale deposits to Binance are adding some selling uncertainty.
#XRP #BTC Price Analysis#
#Bitcoin Price Prediction: What is Bitcoins next move?#
$XRP jumped around 7% to $1.41 this weekend- and trading activity suddenly came alive!
Spot volume reached roughly $1.36B in 24 hours, while total turnover climbed close to $4.9B as $BTC pushed back above $81K and triggered a broader market squeeze.
Here's what I'm watching now:
- Shorts squeezed: Around $8.05M in XRP short positions were liquidated, compared with only about $2.36M in longs.
- Leverage is still high: XRP futures volume reached roughly $5.71B- more than 4x spot volume, which could make the move more volatile.
- ETF demand remains strong: US spot XRP
ETFs have topped $1.7B in inflows, while whale deposits to Binance are adding some selling uncertainty.
#XRP #BTC Price Analysis#
#Bitcoin Price Prediction: What is Bitcoins next move?#
