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      XRP Traders Face Losses as Most Long Positions Exceed Current Price

      Data from Hyperliquid indicates that a significant majority of XRP long positions are currently unprofitable, with up to 96.1% of these positions opened above the token's current trading price. As of October 15, 2026, XRP was trading between $1.30 and $1.34, having experienced volatility in the preceding days, with prices fluctuating between $1.28 and $1.50.

      The derivatives market shows a decline in XRP open interest, which fell by approximately 29.7% from September 22 to October 14, dropping from 150.4 million contracts to 105.7 million. Despite this decrease, the long/short account ratio reached 3.6:1, indicating a strong bullish sentiment among remaining traders, with 360 long positions for every 100 short positions. Coin-margined contracts, which use XRP as collateral, accounted for 84.2% of long positions among top traders, increasing the risk of liquidation if prices continue to drop.

      A notable exception in the market is a large long position valued at around $47 million, opened at approximately $1.13, which has remained profitable despite recent price fluctuations. Analysts suggest that if XRP falls below its recent low of $1.28, it could trigger further liquidations, adding downward pressure on prices and potentially impacting the broader market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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