October 12th 2026, 9:28 AM
XRP Bears Sense Opportunity Amid Whale Exodus
Key Summary
XRP traders are placing bets on a potential pullback, as whales withdraw from exchange inflows, increasing the risk of liquidation-driven losses for leveraged longs. Bitrue forecasts a test of the $1.35–$1.38 range.
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Risk of Liquidation-Driven Pullback
Bitrue expects XRP to test the $1.35–$1.38 range as crowded leveraged longs increase the risk of a pullback. The prediction is based on the increasing number of traders betting on a decrease in XRP price.Whale Exodus and Its Impact
Whale exchange inflows have fallen to a significant drop, indicating that major players are quietly walking away from the market. This decrease in whale activity is expected to increase the risk of liquidation-driven pullback for leveraged longs.Market Sentiment and Potential Reversal
The increasing number of traders placing bets on a decrease in XRP price indicates that market sentiment is shifting towards a potential reversal. This could lead to a pullback in the XRP price, which Bitrue expects to test the $1.35–$1.38 range.#XRP#US#Crypto#SEC