Derivatives Traders Turn Bearish on XRP Amid Strong Selling Pressure
XRP has been one of the biggest beneficiaries of the recent altcoin market rebound, surging approximately 70% in just a few days. This price increase has attracted substantial speculative trading, particularly in the derivatives market.
According to CryptoQuant data, XRP net taker volume on Binance recently registered its strongest selling pressure since the beginning of 2026. Sell-side dominance reached approximately $96 million, indicating that aggressive sellers have gained considerable control in the derivatives market.
The development could represent a warning sign for XRP's recent price rally. Heavy taker selling generally suggests traders are actively selling into market orders rather than waiting for higher prices, potentially reflecting expectations of a correction or increased profit-taking following the token's rapid gains.