XRP Market Hides $24 Million Imbalance Behind Stable Price

A hidden imbalance has formed in the XRP market, masking its instability behind a stable price above $1.50.

Fresh data from CoinGlass and Bitfinex shows that the current buying wave is overheated by margin capital, with traders opening positions using enormous leverage and creating hidden risks for price stability.

On Bitfinex, the volume of XRP margin longs has surged to a high of 6.41 billion coins, with more than 260 million XRP added during the latest candle alone.

The buying rush has spread across major platforms, with leveraged buyers outnumbering sellers by two and a half times on Binance.

Short-term speculators are driving the market, with daily futures trading volume almost 4.5 times higher than actual spot turnover.