Crypto

XRP Derivatives Market Sees Strong Selling Pressure Amid Recent Breakout

Guavy AI Editorial Team Published August 27, 2026

Instruments

BNB XRP

XRP's recent breakout above $1.40 has been met with strong selling pressure in its derivatives market, despite its spot price holding steady.

Data from CryptoQuant shows that on Binance, XRP's net taker volume hit a peak sell-side dominance of about $96 million, indicating traders are betting against the asset's rally.

This suggests potential challenges ahead for XRP's price momentum, even as its spot market continues to show strength.

The Wire

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