XRP Faces Strongest Derivatives Selling Pressure Since January
XRP has surged nearly 70% in two weeks, reaching a January high of around $1.70.
CryptoQuant analyst Darkfost notes that XRP is facing its strongest derivatives selling pressure of 2026.
This comes after the total crypto market cap added more than $183 billion in just a few days, with futures activity increasing significantly.
The rise in leverage has now become a problem for XRP, with Binance's net taker volume falling to around -$96 million.