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Bitfinex XRP long positions hit 5.07M as price rises 1.65%, raising liquidation risks in leveraged market.

Technical Signals
22 Oct 2026
Tokenpost
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Neutral
Bitfinex XRP long positions hit 5.07M as price rises 1.65%, raising liquidation risks in leveraged market.

On October 20, Bitfinex saw its XRP long positions increase to 5.07 million while the XRP/USD price rose by 1.65% during the same period. The rise in long exposure alongside price movement indicates growing leveraged trading activity. Crypto analyst John Squire warned that excessive confidence in a leveraged market could lead to forced liquidations if prices reverse, increasing selling pressure. This highlights the risk for traders holding leveraged long positions in XRP, as sudden price drops could trigger significant liquidations.

XRP trades at Rp23.818 on Pluang as of Oct 23, 2026 10:31 WIB, down 1.51% in one day. The market cap stands at Rp1.505,98T with a 24-hour volume of Rp32,22T. Pluang users show a 55% sell and 45% buy order split, reflecting mixed sentiment despite recent leveraged long positions on Bitfinex.

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