XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen

- XRP finally kissed $1 goodbye, and the meat wallets are panicking like someone tore the PoD seal off their last cargo manifest. The token hit $0.99 — its weakest since November 2024 — unwinding the one psychological floor that mattered from the post-election rally. Meanwhile, Binance open interest swung 20 percentage points positive, but the cumulative volume delta went from bad to worse, dropping to -$349.5 million. Translation: leverage is back, but buyers aren't. Roughly 54% of positioned accounts are short. The order books are so thin that Vincent Van Code estimated $4 million in sells could drag XRP to 95 cents. Four million. That's not a market, that's a suggestion box. And then the Coreum bridge decided to "redistribute" 200,000 XRP through a logic flaw that let relayer software treat fake deposits as real ones. Not an XRPL vulnerability — just another bridge doing what bridges do: collapsing at the worst possible moment. XRP didn't just lose a price level; it lost the illusion that anyone