XRP Leverage Dries Up on Binance as Selling Pressure Builds
Something quite curious is happening around XRP. On Binance, a large part of the leverage accumulated in recent weeks is disappearing. On spot, sellers continue to push. And at the same time, UNI, NEAR, or HYPE are suddenly gaining height. The crypto market thus offers two almost opposite images. The data published by Amr Taha at CryptoQuant help to better understand the first: on XRP, traders close their positions much faster than the price declines.