XRP threshold contract drops sharply in Polymarket’s biggest movers snapshot
PolymarketTrader's biggest-movers snapshot, generated at 2:12 PM UTC on November 6, ranks the XRP contract among the day's largest price drops. The contract pays if the price of XRP is above 1.20 dollars on November 6.
A Polymarket contract tied to whether XRP is above 1.20 dollars on November 6 fell 80.8 points to 17.8 cents, according to PolymarketTrader. Trading volume totaled 13,600 dollars over 24 hours.
A sharp repricing of the XRP outcome
PolymarketTrader’s biggest-movers snapshot, generated at 2:12 PM UTC on November 6, placed the contract among the day’s largest price declines. The supplied report was published on November 6, 2026, at 10:45 AM ET.
The contract pays if XRP’s price is above 1.20 dollars on November 6. The reported decline concerns the prediction contract’s price, not a corresponding change in XRP’s market price.
The available summary does not identify what drove the move or provide XRP’s underlying price. It also does not include the contract’s detailed resolution rules.
What it means for prediction markets
- The fall to 17.8 cents indicates a substantial downward repricing of the above-1.20-dollar outcome, but does not establish the eventual result.
- The 13,600 dollars in 24-hour volume provides trading context; the summary supplies no order-book or liquidity details.
- The snapshot is a point-in-time observation. Without detailed resolution terms or an underlying XRP price, it cannot establish whether the payout condition was met.
Sources & attribution
- Published
- Source
- PolymarketTraderpolymarket.com
- Publisher
- https://polymarket.com
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to PolymarketTrader”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Polymarket says 98.4 percent of resolved midterm races went to its pre-election favorite, 419 of 426, World Today Journal reports
- Alaska Senate market volume on Kalshi climbs to 28.4 million dollars, nearly double the Wednesday total, as Peltola leads by 637 votes, Action Network reports
- Sports prediction markets trade 426 million dollars in 24 hours, down 11 percent, with Kalshi handling 236 million dollars, DeFi Rate reports
- Fed decision in December ranks third among the most-traded prediction markets, with a 25 basis point increase priced at 69 cents on Polymarket, DeFi Rate reports
- Sofya Lansere is priced at 99% against Martyna Kubka, on $1.2M traded in 24 hours
- Kalshi priced Democratic control of both chambers at 99 percent about two hours before NBC called the midterms, with 794 million dollars traded in 24 hours, Prediction Frontier reports