XRP Derivatives Surge on Binance as Long Liquidations Mount: What’s Next for Ripple?
By Bullbit Editorial · March 27, 2026
WhatXRP derivatives on Binance have seen a surge in open interest, with OI reaching **$1.3 billion**, while the Contango Volume Delta (CVD) has fallen to **-0.85**.
WhyThis indicates a shift in market sentiment, with new short positions driving activity rather than fresh bullish bets.
SignalThe decline in CVD suggests a potential increase in short liquidations, which could lead to a further surge in XRP prices.
TargetA potential target for XRP prices could be around **$0.50**, based on technical analysis and market trends.
RiskHowever, the risk of a short squeeze remains high, as a significant number of long positions are being liquidated, which could lead to a sharp price drop.