Overview
- Over four hours, XRP futures posted $10.67 million in net inflows from $162.22 million in inflows versus $151.56 million in outflows, with the last hour adding $9.58 million and a 5‑minute print of $936,000.
- Spot has recovered to just above roughly $1.60 after sliding from $1.93 to $1.52 between late January and Feb. 2.
- Deleveraging late last month cleared longs, with liquidations totaling $69.42 million on Jan. 30 and $57.14 million on Jan. 31.
- Key levels cited by traders include nearby support around $1.52 and resistance near $1.97, with a possible advance toward $1.90–$2.00 if $1.60 holds on closing bases.
- Rising leverage increases the risk of abrupt swings, and a reversal in flows could quickly knock price back into the $1.50s as broader crypto risk appetite remains firm with Bitcoin near $78,700.