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XRP liquidations on Binance drop, signaling easing pressure in derivatives market.

Technical Signals
04 Oct 2026
Tokenpost
View Source
Neutral
XRP liquidations on Binance drop, signaling easing pressure in derivatives market.

Sharp XRP liquidations on Binance have declined since late July through September, indicating reduced forced selling in the derivatives market. Despite this, long liquidations remain higher than short ones, suggesting traders still hold leveraged positions. However, fewer liquidations do not necessarily mean increased direct buying of XRP, as sustained price rises require support from spot buying, trading volume, and price trends. The data only reflects Binance activity and not the entire XRP market.

XRP is trading at Rp26.658 on Pluang, with a slight 1-day increase of 0.46%. Despite the news of reduced liquidations on Binance, Pluang data shows that sell orders dominate at 70%, indicating cautious sentiment among traders. This data is current as of Oct 04, 2026 12:01 WIB.

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