Most net-long XRP positions sit above the current price, leaving traders underwater
High long exposure and potential liquidations could exacerbate XRP's price volatility, impacting market stability and trader confidence. The post Most net-long XRP positions sit above the current price, leaving traders underwater appeared first on Crypto Briefing.
AI summary
Most net-long XRP positions are currently above the market price, meaning a large share of leveraged longs are underwater. This setup raises the risk of forced liquidations, which could amplify downward volatility in XRP. Traders should watch funding rates and liquidation clusters for signs of further selling pressure.
