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XRP Futures Market on Binance Flashes 'Extremely Bullish' Signal Amid Price Drops

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The XRP futures market on Binance shows 'Extremely Bullish' sentiment despite recent price drops, according to CoinGlass data.

XRP closed its previous session down 1.55% at $1.38, but the spot market's short-term weakness is countered by a more bullish structure in the futures market.

The whale accounts on Binance have a long/short ratio of 2.74, placing their sentiment in the Extremely Bullish category.

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