XRP Breaks $1.46 Despite $434M In Futures Selling – Discover What Comes Next

AI Briefing

• – XRP price recovers to $1.46, but derivatives data shows a divergence between spot demand and perpetual futures flow, raising questions about the sustainability of the move.
• – Derivatives traders are selling into the price recovery, with open interest increasing while perpetual futures CVD drops to its lowest level in months.
• – Traders are building leverage, but spot demand remains flat, suggesting the current price advance may be driven by derivatives positioning rather than genuine underlying demand.