XRP Short Positions Build as a $0.99 Trading Call Draws Scrutiny
Santiment data shows growing short exposure among active XRP traders, adding context to a $0.99 price call.
Santiment data shows growing short exposure among active XRP traders, adding context to a $0.99 price call. XRP (XRP) is trading at $1.16. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Sun, 08 Nov 2026 08:30:04 UTC.
The rise in short positions means more tracked traders are betting against XRP while the asset remains below the cited $0.99 call, making positioning an important part of the current market picture.
- Three active XRP traders added roughly 2.1 million tokens in short positions.
- Only one of Santiment’s most profitable XRP wallets was long on Nov. 6.
- The scrutinized trading call referenced a $0.99 XRP price.
- XRP trades at $1.16, down 1.21% over 24 hours and 7.11% over seven days.
Bitcoin.com, citing Santiment, reported that three active 
XRP short sellers had added about 2.1 million XRP since late October. As of Nov. 6, only one of the most profitable XRP wallets tracked by Santiment remained positioned long. The report adds that the short-position data was presented alongside a trader’s $0.99 call for XRP, prompting scrutiny of whether the call’s early success reflected broader market conditions.
The account did not identify the three short sellers or provide a broader total for XRP short positions. Its focus was the growth in bearish exposure within Santiment’s tracked wallets and its connection to the $0.99 call, rather than a comprehensive measure of sentiment across all XRP traders.
Santiment’s observation provides positioning context for a token whose seven-day performance has weakened. XRP is currently priced at $1.16, which is above the $0.99 level cited in the scrutinized call but below the wallet activity highlighted by Santiment.
The wider crypto market is comparatively stable, with total capitalization at $2.61T and little overall change. Bitcoin is down 0.24% over 24 hours, while the Fear and Greed Index stands at 28, or Fear. Traders following this development may monitor whether the reported short positions continue to grow and how XRP responds as the market reassesses the cited $0.99 level.
Since this brief published about 6 hours ago, XRP (XRP) has moved from $1.16 to $1.16 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,599 (about $1.16), down 1.2% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Short Positions Build as a $0.99 Trading Call Draws Scru — questions & answers
What did Santiment find in tracked XRP wallets?
Santiment found that only one of its most profitable XRP wallets was long as of Nov. 6, while three active short sellers had added roughly 2.1 million XRP since late October.
What price was referenced in the scrutinized XRP call?
The trader’s call referenced an XRP price of $0.99. Santiment paired that call with its wallet-positioning data when examining the call’s early success.
How is XRP performing in the supplied live data?
XRP is trading at $1.16, down 1.21% over 24 hours and 7.11% over seven days. Its market capitalization is $73.85B.
How much is 1 XRP worth in naira today?
About ₦1,599 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.16. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.