📈 XRP surged to #2 on Coinbase with $413M in 24h volume. Meanwhile, 167M XRP (~$500M) shifted between unknown wallets—whale moves hint at accumulation or private deals, creating short-term uncertainty.
💥 Speculation Rising? XRP Open Interest climbed 11% to $2.92B, showing more leveraged bets. While direction is unclear, this spike signals traders anticipate big moves, potentially front-running whale strategies.
⚡ Shorts Caught Off Guard! XRP short liquidations hit $8.13M vs. $3.74M for longs. Forced closes fueled rallies on Coinbase, pointing to momentum buys and coordinated whale moves supporting price spikes.
🔎 Bullish Confidence Holds. On July 14, 64.34% of Binance accounts were long XRP (1.80 Long/Short ratio), reflecting strong but not euphoric bullish sentiment. Rising Exchange Reserves suggest short-term upside bets.
🧠 Volatility or Accumulation? The split behavior—retail on-exchange frenzy vs. whale off-exchange moves—leans toward quiet accumulation. Whales seem to avoid disrupting markets, reinforcing a long-term bullish case.
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