A hidden imbalance has formed in the XRP market, with the price holding steady above $1.50. On Bitfinex, margin long positions have surged to 6.41 billion coins, as speculators added over 260 million XRP during the latest candle. On Binance, leveraged buyers now outnumber sellers by more than two and a half times. If the price reverses, a $24.29 million cluster of long positions faces forced liquidation, which is 7.2 times the potential losses of short sellers risking $2.95 million. Nearly $29 million in positions have already been forcibly closed over the past 24 hours, mostly from the long side.
Source: Read the original article
