In a market already on edge, XRP delivered one of the most jaw-dropping moments in recent crypto history. Within just one hour, the digital asset recorded a staggering 5,438% imbalance in liquidations — a move that rattled both seasoned traders and newcomers alike.
According to real-time data from CoinGlass, XRP witnessed $7.64 million in total liquidations over a single hour, with a mind-blowing $7.50 million wiped from long positions alone. In sharp contrast, short positions saw a modest $140,000 liquidated. This highly abnormal ratio — over 98% of liquidations coming from longs — highlights a significant market misalignment and over-leverage among XRP bulls.
What Triggered This Massive Liquidation Cascade?
XRP’s price action told part of the story. The token sharply dropped from the $2.20 region, breaching key psychological and technical support levels before finding temporary stability near $2.16. While a 0.04 drop might seem minor in percentage terms, it was enough to trigger cascading liquidations in highly leveraged positions.
With crypto bull run 2025 projections gaining momentum, traders are now watching XRP closely for signs of a rebound. Analysts point to indicators like Bollinger Bands, RSI levels, and order book imbalances to gauge XRP’s next move.
As always in crypto, volatility breeds both risk and opportunity. Whether XRP’s recent shakeout is a warning sign or a setup for its next moonshot remains to be seen.
#XRP #Altcoins #CryptoLiquidations #BullRun2025 #10xTokens #DeFi #Layer2 #Bitcoin #Ethereum #Solana #Dogecoin