XRP Selling Pressure Hits 2026 High as Price Holds Firm Above $1.40

• $XRP’s derivatives market is showing its strongest net selling pressure of 2026, with Binance recording roughly $96 million in sell-side dominance.
• The surge follows a sharp$XRP rally of about 70%, increasing speculative activity among derivatives traders.
• Despite the bearish signal,$XRP remains above $1.40while Binance Open Interest has climbed 14.8%, indicating stronger market participation.

$XRP selling pressure has reached its highest level of 2026 in the derivatives market, yet the token continues to hold above $1.40 after a strong recent breakout. The divergence betweenaggressive derivatives selling and resilient spot pricesis giving traders a key signal to watch.

The broader altcoin market has also strengthened in recent sessions, adding more than$183 billion in total capitalizationwithin a few days. That represented an increase of roughly 20%, while $XRP gained about 70% over the same period, making it one of the stronger performers during the recovery.

$XRP Selling Pressure Reaches 2026 Peak

Data highlighted by CryptoQuant shows that$XRP’s net taker volume on Binance has shifted sharply toward sellers. Sell-side dominance has reached approximately $96 million, marking the strongest reading recorded since the start of 2026.

The metric tracks aggressive market orders and can provide insight into how traders are positioning around short-term price movements. In $XRP’s case, the increase suggests that some derivatives participants areusing the recent rally to take bearish positions or secure profitsafter the rapid advance.

However, elevated selling activity does not automatically mean that $XRP’s uptrend has ended.Strong spot demand can absorb derivatives selling, while liquidations or short-term hedging can also influence net taker volume.

The current price structure therefore remains important.Holding above $1.40 despite heavier derivatives sellingsuggests buyers have so far absorbed the additional supply pressure.

Binance Open Interest Adds Another Signal

At the same time, $XRP’s Binance Open Interest has increased by approximately14.8%. The rise means more capital is entering outstanding derivatives positions as traders respond to the token’s recent move.

Higher Open Interest combined with strong selling pressure can increase volatility because a larger number ofleveraged positions are exposed to sudden price movements. If $XRP continues to hold its support levels, short positions could eventually face pressure from another upside move.

Conversely, a decisive break below $1.40 wouldstrengthen the bearish interpretationand could encourage further profit-taking or liquidations.

Source: cryptonews.net