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XRP derivatives selling pressure hits year high despite 70 percent surge

XRP is extending gains after breaking through key price levels, but the derivatives market is showing the strongest selling pressure so far this year. U.Today reported that Binance’s XRP net taker volume posted its biggest selling advantage of 2026. Spot markets remain strong, with altcoin market capitalisation rising by more than $183 billion, while XRP jumped about 70 percent. On Binance, taker selling advantage grew to about $96 million and open interest rose about 14.8 percent.