XRP Liquidation Pressure Eases as Spot Demand Remains the Test
XRP liquidation pressure on Binance is easing after months of sharp spikes, suggesting less strain from leveraged trading, according to a new analysis. Sustained gains would still depend on spot buying, trading volume, and supportive price trends. Key TakeawaysXRP long liquidations on Binance exceed short liquidations.The network value-to-transactions ratio fell 69.28% to 36.97.U.S. spot XRP ETFs recorded $3.28 million in outflows on Oct. 2. XRP Forced Selling Eases After Repeated Liquidation Spikes XRP traders on Binance are seeing fewer forced position closures after repeated liquidation spikes from late July through September, according to an analysis published by Cryptoquant on Oct. 2. Cryptoquant contributor “PelinayPA” examined easing XRP liquidation pressure using a chart combining exchange liquidations with a network valuation measure. The shift follows a contraction in derivatives, contracts linked to the token‘s price rather than direct ownership. Binance’s outstanding XRP derivatives positions contracted about 32% between Aug. 22 and Sept. 17, from roughly $323 million to $219 million. Known as open interest, this measure tracks exposure that remains open. Leverage magnifies gains and losses by allowing investors to control trades larger than the collateral they deposit. Exchanges trigger forced closures of futures positions when those funds cannot meet margin requirements, the minimum needed to maintain









