XRP Trading Volume Spikes 80% to $4B Amid Crypto Market Selloff
- XRP trading volume surged 80% in 24 hours to over $4 billion
- Increase driven by 55% rise in derivatives trading to $2.16 billion
- Occurred amid $400 million crypto market bloodbath and liquidations
- 94% of liquidated XRP futures positions were longs, totaling $5.47 million
- Despite volume spike, XRP prices dipped sharply amid broader crypto selloff
