XRP Futures Flows Jump 294% to $46 Million as Price Rebounds
The market saw $1.59 million in short liquidations out of $1.79 million total over 24 hours, while XRP posted a $10.07 million net outflow despite higher trading activity.
XRP
Summary
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Terms & Concepts
Futures: Derivative contracts that let traders speculate on an asset’s future price without directly owning the asset.
Liquidations: Forced position closures that occur when traders no longer meet margin requirements on leveraged trades.
Net outflow: A measure showing more capital leaving an asset or related products than entering them over a set period.