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XRP futures show $991M net selling amid leveraged long unwinding, price down 21.7% in 30 days

Technical Signals
13 Nov 2026, 02:04 WIB
Tokenpost
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Bearish
XRP futures show $991M net selling amid leveraged long unwinding, price down 21.7% in 30 days

From September 23 to November 12, XRP futures data indicate a significant shift toward selling, with Binance showing a $991 million net volume delta moving to net taker selling. Spot trading across centralized exchanges also saw $2.5 billion in net selling. This activity aligns with leveraged long positions being unwound, as Binance XRP open interest dropped 9.2% over 30 days and long liquidations spiked. XRP's price fell 21.7% over the past month, closing at $1.05 on November 11. These trends suggest traders are reducing exposure, though the initial cause of selling remains unclear.

As of Nov 13, 2026 07:11 WIB, XRP trades on Pluang at Rp18.916 with a slight 0.69% decrease over one day. Despite the recent selling pressure noted in futures and spot markets, Pluang data shows a balanced order activity leaning slightly toward buying at 56%. The market cap stands at Rp1.203,48 trillion, highlighting XRP's significant presence among retail investors, who typically hold for 73 days.

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