An XRP whale on Hyperliquid has opened a $7.6 million long position against a dominant $100 million short wall, signaling confidence in XRP's upward trend despite broader bearish sentiment among large traders. The whale's position uses 6x leverage and is prepared to hold through volatility, with a liquidation level set conservatively at $0.8652. This move contrasts with the general bearish stance of other large investors, who hold nearly $100 million more in shorts than longs overall. Positive factors supporting this long bet include recent record inflows into XRP ETFs, integration of XRP into Japan's Rakuten ecosystem, and XRP's price resilience above key moving averages. If the market rises, short liquidations could further accelerate XRP's price gains.
The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
