XRP’s Market Shows Divergent Activity Amid Retail Accumulation
- XRP trades at $1.3944, a -6.29% discount to its realized price of $1.4881.
- The MVRV ratio is at 0.9613, indicating holders are in unrealized loss territory.
- Active addresses increased by 25.61% to reach a total of 50,259 in seven days.
- Exchange reserves decreased by -0.49%, with XRP reserves at approximately $5.03 billion.
- Derivatives market shows a long/short ratio of 2.4002, with long positions making up about $3.64 million of the $3.8 million liquidations.
XRP’s current market structure is characterized by retail accumulation and whale distribution, creating a fragile setup with conflicting signals from spot and derivatives markets.
Despite active address growth and structural supply tightening, the large skew towards long positions in the derivatives market indicates potential vulnerability for XRP investors.Source)
