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XRP spot sees outflows as futures inflows jump 295 percent during rebound

XRP drew a sharp increase in derivatives-market inflows alongside a price rebound, with net inflows into XRP futures rising 294.78 percent over 24 hours to $46.15 million, a report said. Shorter time frames also showed net inflows. Liquidation data pointed to strong pressure on short positions, with shorts accounting for 88 percent of 24-hour liquidations. In contrast, spot flows flipped to net outflows over 12 and 24 hours.