Coinbase warns 97% of XRP derivatives longs set above $1.31 are underwater

🚨 97% of $XRP derivative longs on Coinbase are underwater above $1.31.
📉 Most bullish positions were taken at $1.40 or higher and face mounting losses.
📊 Glassnode data shows a sizable net-short cluster near $1.50, adding to market stress.

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