XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP’s $2.4 billion derivatives market is heading for a test of $1 as Bitcoin weakness raises the risk of a leveraged unwind.

The latest XRP news today — Ripple partnerships, ODL (On-Demand Liquidity) growth, SEC case and legal developments, XRP Ledger protocol updates, and global payments expansion. CryptoSlate’s editorial team covers XRP around the clock, from on-chain data and market analysis to regulation and cross-border payments, with breaking stories added throughout the day.
Bitcoin’s move toward $69,000 would put XRP near $1.20, with renewed strength against BTC opening a path toward $1.26.
A CryptoSlate analysis of SEC filings found the adviser reported 12,380 XRPI shares worth $71,059 and had disclosed the holding a quarter earlier.
XRP’s leverage reset has left holders nearly 50% underwater, with fractured funding across exchanges raising the risk of a move around $1.
Brad Garlinghouse's account shows how a token reserve can shape a company's room to survive a long regulatory fight.
The token’s struggling price performance comes as ETF inflows reverse and wallet growth stalls, putting XRPL’s institutional strategy in focus.
The washout reduced forced-selling risk, but spot volume and ETF creations still need to carry the next move.