Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Ripple's Escrow Unlock Triggers Leverage Unwind

Guavy AI Editorial Team
Instruments
XRP
Share

Ripple's highly anticipated 1 billion XRP escrow unlock is just days away on September 1, and it seems some traders are unwinding their leveraged positions ahead of time.

According to recent data, Bitfinex long positions in XRP have dropped from a peak of 6.45 million in late August to 5.62 million currently.

This comes as XRP trades around $1.41, down 1.61% today. While some traders are unwinding their leveraged bets, it remains to be seen whether this trend will continue or come to a halt before the escrow unlock on September 1.

More on Crypto

Crypto just now

Revolut Rolls Out Euro-Backed Stablecoin EURR Through Bridge Partnership

Crypto just now

Armstrong's Push for Clarity Act Sparks Crypto Market Hopes

Crypto just now

Profit Connect Owner Convicted in $24M AI-Powered Crypto Fraud Scheme

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy