XRP Selling Pressure Hits 2026 High as Price Holds Firm Above $1.40

NewsThu, 27 Aug 2026 21:28:25 UTC3 hours ago
XRP Selling Pressure Hits 2026 High as Price Holds Firm Above $1.40

TL;DR

  • XRP’s derivatives market is showing its strongest net selling pressure of 2026, with Binance recording roughly $96 million in sell-side dominance.
  • The surge follows a sharp XRP rally of about 70%, increasing speculative activity among derivatives traders.
  • Despite the bearish signal, XRP remains above $1.40 while Binance Open Interest has climbed 14.8%, indicating stronger market participation.

XRP selling pressure has reached its highest level of 2026 in the derivatives market, yet the token continues to hold above $1.40 after a strong recent breakout. The divergence between aggressive derivatives selling and resilient spot prices is giving traders a key signal to watch.

The broader altcoin market has also strengthened in recent sessions, adding more than $183 billion in total capitalization within a few days. That represented an increase of roughly 20%, while XRP gained about 70% over the same period, making it one of the stronger performers during the recovery.

XRP Selling Pressure Reaches 2026 Peak

Data highlighted by CryptoQuant shows that XRP’s net taker volume on Binance has shifted sharply toward sellers. Sell-side dominance has reached approximately $96 million, marking the strongest reading recorded since the start of 2026.

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