XRP Derivatives Market Shows Signs of Weakness Amid Price Rally
XRP's recent price breakout has been sustained, but data from CryptoQuant suggests that its derivatives market may be showing signs of weakness.
The altcoin market cap has seen a significant increase of over $183 billion in just a few days, with XRP being one of the biggest beneficiaries, surging by about 70% during this period.
However, the massive price rally has attracted speculative activity from traders, particularly on Binance, where XRP's net taker volume has recorded its strongest selling pressure since the beginning of 2026.
The sell-side dominance has surged to about $96 million, indicating that traders are aggressively betting against XRP's recent surge.