Binance Data Highlights Silent Massive XRP Accumulation, Signaling a Mega Price Eruption ⋆ ZyCrypto

By: bitcoin ethereum news|2025/05/15 17:45:04
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According to data acquired from Binance, XRP sellers have increased selling pressure. As a counter-response, buyers are also absorbing intense sales—a pattern denoting silent XRP accumulation, interpreted by market experts as a potential “early sign of a bullish breakout.” Market experts at CryptoQuant observed that Binance futures data depict active speculation for XRP, a trend poised to set the stage for a strong move. The month kicked off with the Open Interest rate hitting an all-time high of $1.5 billion, after which a swift decline to $530 million followed, resulting in the washing off of leveraged positions. With Open interest making yet another upclimb, experts are convinced that trader interest has been renewed, although this also means that volatility is right around the corner. Furthermore, when the funding rate, a metric that puts market bias into perspective, turned negative during a correction, it displayed excess short positioning, which opened the pathway for a short squeeze, as the analyst noted. While the funding rate is presently neutral, indicating that long and short positions are equal, CryptoQuant’s market expert explained that short positions are increasing, while funding is decreasing. This has resulted in an upward push for XRP, further signaling that a “mild squeeze” is in play. Breaking down the potential bullish signal recently spotted in the XRP market, the analyst wrote the following; “The Taker Buy/Sell Ratio on Binance is 0.91, showing strong market selling. Retail traders appear to be shorting aggressively. If this pressure continues but price holds, absorption is likely taking place — a potential bullish sign.” The simultaneous rise in Open interest and XRP price signals the return of market speculation. Meanwhile, neutral funding suggests that market players are somewhat indecisive. Taker sell pressure and stability in XRP’s price further indicate that sellers are most likely being absorbed now. With XRP sustaining momentum above the $2 price mark, and 24-hour gains sitting at 3.80%, the altcoin is trading at a press time price of $2.58, inching closer to its 72-hour high of $2.63. Source: https://zycrypto.com/binance-data-highlights-silent-massive-xrp-accumulation-signaling-a-mega-price-eruption/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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