NewsBTC •
May 12, 2026 at 04:20 •
Analysis
A 126% price surge that pushed XRP to an all-time high of $3.6 last July started with a pattern that looks a lot like what is happening right now. Related Reading: Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank Shorts Dominating Despite Rising Prices Funding rates on Binance have stayed negative since February 2026, even as XRP climbed roughly 27% from a low of $1.10. That gap between trader sentiment and actual price movement is what caught the attention of CryptoQuant analyst Darkfost, who flagged the setup in a recent market commentary. Short positions have been dominant across a 30-day period, data shows, and that stretch of negativity marks the longest such run in recent history for the token. The broader altcoin market had a rough sta...