Why Is XRP Price Down Today?

The post Why Is XRP Price Down Today? appeared first on Coinpedia Fintech News

XRP is trading at $1.41, down 1.61% today, as heavy leverage on Bitfinex begins to unwind. XRP long positions on the exchange surged from 4.9 million in June to a peak of 6.45 million in late August, one of the largest leverage buildups this cycle, according to trading data. Positions have since fallen back to …