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XRP shows heavy short selling on Binance but whale outflows suggest accumulation potential.

Technical Signals
25 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

XRP derivatives data on Binance reveal a strong buildup of short positions with a negative funding rate, indicating short sellers are paying premiums to hold bets. Despite bearish sentiment and a 3.34% weekly price drop, on-chain data shows significant whale outflows of 7.79 million XRP, far above average, signaling accumulation rather than selling. The Speculation-to-Utility Ratio near 1.38 suggests balanced network demand supporting XRP's value. This sets up a potential short squeeze if price breaks resistance, as forced liquidations could drive prices higher rapidly.

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