XRP’s Liquidity Anomaly Hits Bulls Hard: Levels To Watch

Ripple’s native XRP coin has been pushed below a handful of crucial near-term thresholds on Wednesday. The OG altcoin broke down from the $1.45 - $1.55 support bubble as the broader market sees a high-leverage flush.

On one hand, the trading volume on speculative markets has been undeniable: XRP’s Futures soared by 38.50% to $3.67 billion, according to CoinGlass. Within $13.31 million in liquidated over-leveraged positions, a whopping $12.82 million were longs.

Conversely, short-sellers took in just above $489K in over-leveraged XRP position liquidations. That kind of anomaly puts short-sellers in the driving seat, but only in the near-term. Judging from the Open Interest (OI) weighted funding rate, XRP’s believers still have the upper hand.

Presently trading at $1.44, Ripple’s native token is reacting to the pullback from the third wave, tracking back from the heights of September 22, 2026. A confirmation of a bullish reversal on XRP’s price would only come if the seasoned altcoin closes the day above $1.49. If not, micro support at $1.28 is next.

The latest XRP liquidity flush on Derivatives markets significantly reduced the remaining Open interest (OI), otherwise known as unsettled XRP price bets. These have dropped by 5.5% since the day before, indicating that bulls have been less confident in renewing their most-aggressive strategies.

Data from CryptoQuant also suggests more downside risk if band-weighted exchange flows continue to climb. If inflows continue to rise while exchange reserves increase and the price dips, the $1.28 support area could break. However, stable exchange reserves & upward price action could negate the selling pressure.

The 1.6 billion inflows on Binance suggest a broader selling sentiment. On the other hand, the whale outflows have collectively gathered near 1.36 billion: that typically pimples a large chunk of millionaire Ripple coin (XRP) holders are moving their digital assets off exchanges onto private self-custodial crypto wallets.

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