#XRP bears are building positions at $2.6.#

Recently, an interesting phenomenon has emerged in the XRP market: a large number of short positions have been built up at the $2.6 price level, forming a significant liquidation zone. On-chain analyst Ali pointed out that market makers might try to take advantage of this opportunity and profit from the liquidation of short positions. This means that if the XRP price breaks through $2.6, these short positions would be forced to close out, leading to further upward momentum in the market. However, some analysts believe that market makers may use this opportunity for arbitrage, selling before the XRP price breaks through $2.6 and buying back when the price falls, thus profiting from the price movement. Therefore, the future direction of the XRP price remains uncertain, and investors need to carefully observe market dynamics and make investment decisions based on their own risk tolerance.