A recent deleveraging event across XRP markets has cleared out excess speculative positions, lowering the risk of cascading forced liquidations that can amplify price declines. With that leverage flushed out, the token's next move now depends on more sustainable sources of demand rather than borrowed exposure. Analysts point to spot trading volume and ongoing ETF creations as the key metrics to watch, arguing these will determine whether XRP can build momentum from a healthier base. The washout reduced immediate downside pressure tied to overextended traders, but it also removed a source of upward volatility. As a result, genuine buying interest through spot channels and investment products must step in to carry any recovery. The outcome hinges on whether ETF inflows and organic demand prove strong enough to replace the leverage-driven activity that previously supported prices.
— Sponsored —
Trade smarter on BYDFI
Get a bonus on your first deposit — from $50 at $100, up to $2,000 at $20k. 200x leverage, 600+ perpetuals, deep liquidity.