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XRP Surge Fueled by Leverage | Bitcoin and Crypto News
Description
XRP just surged 44% in a week, fueling record leverage on Binance and pushing futures volume five times higher than spot—only to suddenly dip 5% as traders brace for the risks of overextended bets. With Ripple’s new credit fund and a broader crypto rally sparked by U.S. Treasury moves, XRP outperformed Bitcoin—but now, with long positions stacked high, any further drop could trigger mass liquidations, turning a dip into a steep slide. Watch closely: this leveraged momentum could swing either way fast.
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