XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked

Nevoral

August 30, 2026

XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked
XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked

August 30, 2026

Nevoral

XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked

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TLDR: XRP gained 39% since August 18 while Binance exchange reserves stayed nearly flat overall. Long liquidations hit $25.7 million on August 22, the largest single day over the past six months. Funding rates cooled from 0.010 to 0.002 across three sessions as open interest fell 13% from its peak…
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