XRP’s price movement has left short position traders leading a liquidation imbalance of 1,190% within the last four hours. As per CoinGlass data, traders betting short on XRP were wiped out, losing $112,260 within this period as XRP recorded an uptick in price.
XRP bearish positioning backfires after prolonged downtrend
XRP has been on a downward spiral in the last 30 days, losing over 25.90% as the cryptocurrency market sentiment falls. Within the last seven days, the coin has shed over 2.05% of its value as well. This likely prompted the bearish bet on XRP by traders in the space.
However, the slight upsurge witnessed in the price of XRP triggered the mild losses that short position traders suffered in the last four hours.
Long position traders were not spared as they suffered an almost negligible loss of $8,700 within the same time frame. The price volatility of the coin has left both short and long position traders with varying degrees of losses.
With XRP still trading below the key price level of $1.5 and its major resistance of $1.89 and $2, the coin’s volatility risk remains a huge source of concern to investors. The current slight upward movement came as institutional interest pushed XRP exchange-traded fund (ETF) inflows to $4.05 million.
This reflected an over 80% jump in inflows, reversing its previous decline. If the institutional demand continues, XRP might sustain its price rebound move in the crypto market.
As of this writing, XRP was changing hands at $1.43, which is a 2.38% increase in the last 24 hours. Earlier, XRP jumped from $1.38 to a peak at $1.44 before a slight drop. Its trading volume has also climbed by 3.91% to $2.32 billion within this period.
The development suggests a possible rebound amid renewed interest in the coin. How this can sustain its upward journey would depend on sustained interest from market participants.
Ripple executive lauds XRP’s performance
XRP’s chances of a continued bullish climb face stiff opposition from its Bollinger Bands signal. Notably, the current setup suggests pressure is building at crucial levels.
The bearish outlook remains, and it would require a strong rally to maintain its upward climb.
Despite the outlook of XRP, Ripple CEO Brad Garlinghouse has picked the asset as the best-performing crypto amid the current market correction. Garlinghouse claimed XRP has been able to weather the crypto storm better than other leading coins in the ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Today News: XRP Whale Accumulates 210 Million Tokens, Market Compression Range Indicates a Major Move
XRP has been under continuous pressure this year, but large whales holding between 1 million and 100 million XRP have recently increased their holdings by approximately 210 million coins, indicating that major investors are quietly building positions during the downturn. On the technical side, XRP is forming a contracting wedge between the support at $1.30 and resistance at $1.50, suggesting a potential significant directional move. The low liquidity environment could both amplify gains and increase downside risks. Watching whether the $1.30 support can hold is crucial.
MarketWhisper7m ago
XRP holders face a risk of losing $50 billion due to trading prices below $1.4
The current price of XRP is trading at $1.37, representing a 63% decline from the multi-year high of $3.66 reached in July 2025. This means that many XRP holders are experiencing significant unrealized losses, highlighting the risks that the cryptocurrency market presents in the context of
TapChiBitcoin1h ago
Yesterday, the US XRP spot ETF experienced a total net outflow of $18,107,000.
According to SoSoValue data, on March 9th, XRP spot ETF experienced a net outflow of $18.107 million. Among them, Grayscale XRP Trust ETF had a net outflow of $5.8607 million, Franklin XRP ETF had a net outflow of $4.4572 million, and the total net asset value was $971 million.
GateNews2h ago
DeepSeek AI Predicts the Price of Bitcoin and XRP If the US and Iran Reach a Ceasefire
The crypto market is on edge as the ongoing tensions between the US and Iran continue to dominate the headlines. The ongoing saga has already caused a ripple effect on the prices of various commodities, fiat currencies, and cryptocurrencies.
In our experience, AI systems perform well in
CaptainAltcoin6h ago
