XRP Leverage Test as $52M Long Draws Attention
XRP (XRP)
DailyCoin.com reports that XRP is testing support between $1.35 and $1.40 after a weekly surge of 44% to 51%. The asset retreated approximately 5% to $1.44 while derivatives positioning hit a seven-month high. Traders are focusing on a $52 million long position opened with 10x leverage, which requires roughly $5.2 million in margin. This large exposure illustrates how quickly conviction can amplify volatility in the fast-moving market. A modest move in the wrong direction could pressure this significant leveraged position. The trade may be part of a broader strategy involving spot XRP or options rather than a bet on nonpublic information. Large leveraged positions can accelerate declines if longs are forced out or add buying pressure if shorts liquidate.
What Whalio's data showed
Binance spot order flow for XRP, measured when this story was published on 26 August 2026.
The 1-hour buy ratio stands at 60.1%, indicating strong immediate buying pressure that contrasts with the 24-hour ratio of 49.7%, which shows a near-even split over the full day. Volume delta is positive at $1,983,348 for the last hour and $2,068,950 for the last four hours, suggesting active accumulation in the short term. This recent buying activity is reversing the negative $2,173,359 volume delta recorded over the past 24 hours. The cumulative volume delta closing at $3,942,858 confirms that net buying has outweighed selling over the day. With 12 of the last 24 hours showing net buying, the data suggests that buying pressure is building after a period of mixed sentiment. The high spot volume of $335,758,996 and nearly 1.8 million trades reflect significant market participation supporting these short-term shifts.