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XRP derivative activity spikes despite price drop, raising volatility risks near $1 level.

Market News
18 Aug 2026
AMBCrypto
View Source
Neutral
XRP derivative activity spikes despite price drop, raising volatility risks near $1 level.

Derivative trading on XRP has surged, with Binance's open interest reaching $461.3 million, the highest since early July, even as XRP's price falls below $1. This growing leverage amid weak price action increases the risk of sharp market moves and liquidations. Meanwhile, XRP withdrawals from exchanges like Coinbase are rising, reducing available supply and signaling potential repositioning by large holders, or whales, who have also increased large transactions by 280%. The direction of these moves will depend on whether withdrawn XRP is accumulated or sold, impacting future price trends.

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