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73.5% of Binance top traders bet on XRP rising despite Ripple unlocking 1 billion tokens

Market News
30 Mar 2026
UToday
View Source
Bullish
pluang ai news

Ahead of Ripple's scheduled unlock of one billion XRP tokens on April 1, 73.5% of Binance's elite traders are taking long positions on XRP, signaling strong optimism. Historically, Ripple relocks most of the unlocked tokens shortly after, which traders interpret as a routine operation rather than increased supply. This bullish sentiment is supported by recent institutional interest, including Goldman Sachs holding over $150 million in XRP and regulatory clarity confirming XRP as a digital commodity. The market expects an upward price breakout above $1.50 following the unlock, driven by potential short squeezes and continued institutional demand.

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