XRP Bears Are Losing the Price War: Here's Why It Could Get Costly
- —XRP rose 17% over two weeks, from about $1.30 to $1.52
- —Binance Perpetual CVD fell from -$1.0 billion to -$1.29 billion
- —All-CEX Estimated Spot CVD dropped from -$2.27 billion to -$2.70 billion
- —Binance open interest climbed 32%, from $210 million to $276.5 million
Why it matters: If XRP holds its gains despite rising short positioning, bears could face a squeeze similar to the April 2025 rally.
Source: The Crypto Basic