Binance XRP Derivatives Selling Pressure Hits 2026 High at -$96M

XRP derivatives selling pressure has reached its highest point of 2026, according to recent data from Binance. The net taker volume fell to -$96 million, marking the strongest aggressive selling push this year.

This comes as Binance open interest rose about 14.8%, indicating that traders are still adding positions despite heavier sell-side pressure. New leverage is entering the market, making it difficult to determine whether demand can absorb the selling.

Seller pressure has not pushed larger participants away, with XRP futures average order size showing large orders appearing around the token's recent price rebound. However, the combination of falling net taker volume and rising open interest suggests that fresh positions are entering a market where sellers remain more aggressive.