XRP options imply a move of approximately 8.9% through September 27, surpassing Solana at 8.0%, Ethereum at 6.9%, and Bitcoin at 5.0%. This implied volatility is 1.79 times the historical median seven-day move of about 5%. XRP trades around $1.51, corresponding to a potential price of $1.37 on the downside or $1.64 on the upside. XRP futures have generated approximately $6.8 billion in volume over 24 hours, with open interest at $3.56 billion. Roughly $19.2 million in positions were liquidated, including $17 million in short positions, and the long-to-short ratio on Binance has reached 2.18, signaling heavily bullish positioning.
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