Binance investors are switching from Bitcoin and Ethereum to XRP.

Recent market fluctuations indicate that Binance investors are shifting their investments towards Ripple (XRP) instead of Bitcoin (BTC) and Ethereum (ETH). The declines in cryptocurrencies are being viewed by investors as an opportunity to take positions in XRP. CryptoQuant analysts report a notable directional shift in the Binance futures market over the past 72 hours.

Analyses show that while investors are quickly closing open positions on Bitcoin and Ethereum, there is an aggressive buying movement taking place in XRP. According to Binance data, while investors are trying to reduce their risks on major cryptocurrencies, increasing long positions in XRP futures are noteworthy. This situation indicates a growing confidence in XRP despite the overall fear atmosphere in the market.

Particularly recent minor price pullbacks are being seen by traders as a "buying opportunity." On the Bitcoin front, open positions experienced a drop of nearly -1 billion dollars within just two days. For Ethereum, the situation was even harsher; there was a decline of -148.6 million dollars in just the last 24 hours. Looking back to the previous day, a significant reduction of -783 million dollars was detected. Despite all these events, the decline in open positions on XRP remained limited, and according to the CryptoQuant analysis, investors are turning these downturns into new buying opportunities.

A CryptoQuant analyst noted that these movements in XRP futures show that investors have a higher risk appetite despite their fears regarding Bitcoin and Ethereum. The fact that investors are interpreting minor declines as buying opportunities indicates a shift from fear to faith in the market. This trend is being seen as the beginning of a possible altcoin rotation in the cryptocurrency market.