XRP Price- 72% of Binance Top Traders Bet on the Upside
XRP Price– XRP is quietly making a comeback on Binance — the world’s largest crypto exchange — and the data now reveals a clear tilt toward bullish momentum.
As of 1:00 p.m. UTC, 72.96% of top Binance trader accounts were long on XRP, pushing the long/short account ratio to 2.70 — a level unseen in recent weeks. This shift reflects growing optimism among experienced traders who are betting on a potential breakout.
And it’s not just the top-tier accounts. Across all trader types — from retail to institutional — the bullish sentiment is strong. Total long positions across Binance reached 71.6%, with the global long/short ratio climbing to 2.52. That kind of positioning typically precedes sharp market moves, especially when backed by an uptick in spot volume.
Bullish, But Measured: Position Sizes Shrink
Interestingly, while more traders are going long, the actual size of their positions is shrinking slightly. The long/short ratio by position dropped from 2.95 earlier in the day to 2.76. This signals that while sentiment is clearly shifting upward, traders are still playing it smart — likely due to XRP’s recent volatility in July.
This cautious conviction, however, is often what sets the stage for sustainable rallies. The current structure suggests it’s not just opportunistic trading — it could be the early phase of a broader trend shift.
If this trend continues without another major market flush, XRP could be ready to challenge key resistance levels that have held since the post-CPI surge. With market attention gradually returning, XRP might be gearing up for its next big move.
